Area Intelligence

BANDAR NIBONG TEBAL

1 properties
Single Storey Semi-D
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Median Price
RM 230,000
PSF: RM 130

Residential Market

Median Price

RM 230,000

IQR: RM 59
MAD: RM 26
RM 130 PSF 33.7%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 411,000

IQR: RM 185
MAD: RM 100
RM 257 PSF 30.5%

PSF Trends (2021-2025)

BANDAR NIBONG TEBAL in Seberang Perai Selatan, Penang recorded 1 Single Storey Semi-D properties subsale transactions between 2021 and 2025 for single storey semi-d properties, with a median price of RM 230K and a median price per square foot (PSF) of RM 130.

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.

Within the Single Storey Semi-D category, 2 - 2 1/2 storey shop dominated the market, with high diversity across multiple property types.

For price per square foot, the median is RM 130, with most transactions between RM 130 and RM 130. The usual range is RM 44.63 to RM 215.38, showing that most units are priced quite close to each other. With an IQR of RM 170.75 and MAD of RM 0, the PSF demonstrates reasonable consistency across the market.

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. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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BANDAR NIBONG TEBAL, Seberang Perai Selatan, Penang

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Transactions

1 properties grouped by size

1,800 sqft
1 units Single Storey Semi-D
RM 230,000
JALAN TONGHAI
1,776 sqft · RM 130.00 PSF
Oct 2023