Bandar Nibong Tebal
Nibong Tebal, Penang, Malaysia
Nibong Tebal, Penang, Malaysia
Selling in Bandar Nibong Tebal? Homes here sold for a median of RM450,000.
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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
ResidentialRM450,000
RM119 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 3,725 and 3,774 sqft, with a median price of RM450K and a median price per square foot (PSF) of RM119.
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 RM119, with most transactions between RM119 and RM119. The usual range is RM113.00 to RM125.00, 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.