Area Intelligence

KOTA NIBONG

8 properties
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Median Price
RM 305,000
PSF: RM 387

Residential Market

Median Price

RM 280,000

IQR: RM 35
MAD: RM 21
RM 400 PSF 0.8%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 330,000

IQR: RM 6
MAD: RM 4
RM 254 PSF 4.0%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

KOTA NIBONG in Timur Laut, Penang recorded 8 subsale transactions between 2021 and 2025, with a median price of RM 305K and a median price per square foot (PSF) of RM 387.

This area contains both residential and commercial properties. View 5 residential properties or 3 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 305K, with most transactions falling within a stable range of RM 280K to RM 330K, and a typical market range of RM 281K to RM 329K.

Most transactions involved flats, though some variety exists in the market.

The median PSF stands at RM 387, with core pricing between RM 337 and RM 436. Market pricing typically extends from RM 312.88 to RM 460.13, reflecting moderate variation in unit pricing. With an IQR of RM 147.25 and MAD of RM 50, 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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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KOTA NIBONG, Timur Laut, Penang

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Transactions

8 properties found

Flat
RM 280,000
700 sqft Nov 2023
RM 400.00 PSF
Flat
RM 310,000
700 sqft Nov 2023
RM 443.00 PSF
Office Lot
RM 340,000
1,300 sqft Sep 2023
RM 262.00 PSF
Flat
RM 265,000
700 sqft Jul 2023
RM 379.00 PSF
Flat
RM 300,000
700 sqft Nov 2022
RM 429.00 PSF
Office Lot
RM 325,000
1,300 sqft Jul 2022
RM 250.00 PSF
Office Lot
RM 330,000
1,300 sqft Mar 2022
RM 254.00 PSF
Flat
RM 276,000
700 sqft Dec 2021
RM 394.00 PSF