Bandar Nibong Tebal
Nibong Tebal, Penang, Malaysia
Nibong Tebal, Penang, Malaysia
Selling in Bandar Nibong Tebal? Homes here sold for a median of RM400,000.
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Bandar Nibong Tebal
PSF median price per sq ft · 12m its change over the past 12 months
Most-traded areas in this mukim, by number of recorded subsale transactions. See every area in 7
Market Snapshot
ResidentialRM400,000
RM143 psfMedian transaction price
Nibong Tebal, Penang, Malaysia
MapsBandar Nibong Tebal in Seberang Perai Selatan, Penang recorded 1 subsale transactions between 2021 and 2026, sized between 2,775 and 2,824 sqft, with a median price of RM400K and a median price per square foot (PSF) of RM143.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat.
Most transactions involved 2 - 2 1/2 storey semi-detached, with moderate diversity in property types available.
For price per square foot, the median is RM143, with most transactions between RM143 and RM143. The usual range is RM136.87 to RM148.87, showing that most units are priced quite close to each other. A typical spread (IQR) of RM12.00 and an average deviation (MAD) of RM0 indicate a highly stable PSF trend across properties.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.