BANDAR NIBONG TEBAL

BANDAR NIBONG TEBAL in Seberang Perai Selatan, Penang recorded 3 3-Storey Storey Shop properties subsale transactions between 2021 and 2025 for 3-storey storey shop properties, with a median price of RM 892K and a median price per square foot (PSF) of RM 514.

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 892K, with most transactions falling within a stable range of RM 781K to RM 908K, and a typical market range of RM 772K to RM 908K.

Within the 3-Storey Storey Shop 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 514, with most transactions between RM 512 and RM 516. The usual range is RM 428.63 to RM 599.38, showing that most units are priced quite close to each other. With an IQR of RM 170.75 and MAD of RM 2, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.