BANDAR NIBONG TEBAL

BANDAR NIBONG TEBAL in Seberang Perai Selatan, Penang recorded 20 subsale transactions between 2021 and 2025, with a median price of RM 355K and a median price per square foot (PSF) of RM 195.

This area contains both residential and commercial properties. View 3 residential properties or 16 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 355K, with most transactions falling within a stable range of RM 230K to RM 480K, and a typical market range of RM 235K to RM 475K.

Most transactions involved 2 - 2 1/2 storey shop, with high diversity across multiple property types.

Price per square foot shows a median of RM 195, though individual units vary from RM 120 to RM 270 in the core range. The broader market spans RM 109.63 to RM 280.38, indicating diverse property characteristics. A wider spread (IQR: RM 170.75) and deviation (MAD: RM 75) indicate significant PSF variations, likely due to diverse property types or conditions.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Moderate transaction volume may require patience when buying or selling.