Area Intelligence

BANDAR NIBONG TEBAL

2 properties
Detached
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Median Price
RM 242,500
PSF: RM 84

Residential Market

Median Price

RM 242,500

IQR: RM 59
MAD: RM 26
RM 84 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 2 Detached properties subsale transactions between 2021 and 2025 for detached properties, with a median price of RM 243K and a median price per square foot (PSF) of RM 84.

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 243K, with most transactions falling within a stable range of RM 150K to RM 335K, and a typical market range of RM 150K to RM 335K.

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

Price per square foot shows a median of RM 84, though individual units vary from RM 38 to RM 129 in the core range. The broader market spans RM 0.00 to RM 168.88, indicating diverse property characteristics. A wider spread (IQR: RM 170.75) and deviation (MAD: RM 46) 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. 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

2 properties grouped by size

2,600 sqft
1 units Detached
RM 335,000
JLN SG DAUN
2,594 sqft · RM 129.00 PSF
Apr 2024
3,950 sqft
1 units Detached
RM 150,000
JALAN SUNGAI DAUN
3,961 sqft · RM 38.00 PSF
Aug 2023