Area Intelligence

BANDAR NIBONG TEBAL

1 properties
Low-Cost Flat
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Median Price
RM 85,000
PSF: RM 155

Residential Market

Median Price

RM 85,000

IQR: RM 59
MAD: RM 26
RM 155 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 Low-Cost Flat properties subsale transactions between 2021 and 2025 for low-cost flat properties, with a median price of RM 85K and a median price per square foot (PSF) of RM 155.

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 Low-Cost Flat 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 155, with most transactions between RM 155 and RM 155. The usual range is RM 69.63 to RM 240.38, 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

550 sqft
1 units Low-Cost Flat
RM 85,000
549 sqft · RM 155.00 PSF
Nov 2023