Area Intelligence

KOTA NIBONG

5 properties
Flat
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Median Price
RM 280,000
PSF: RM 400

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 5 Flat properties subsale transactions between 2021 and 2025 for flat properties, with a median price of RM 280K and a median price per square foot (PSF) of RM 400.

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 280K, with most transactions falling within a stable range of RM 265K to RM 296K, and a typical market range of RM 265K to RM 304K.

Within the Flat category, flats dominated the market, though some variety exists in the market.

For price per square foot, the median is RM 400, with most transactions between RM 377 and RM 424. The usual range is RM 326.38 to RM 473.63, showing that most units are priced quite close to each other. With an IQR of RM 147.25 and MAD of RM 24, 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

5 properties grouped by size

700 sqft
5 units Flat
RM 280,000
700 sqft · RM 400.00 PSF
Nov 2023
RM 310,000
700 sqft · RM 443.00 PSF
Nov 2023
RM 265,000
700 sqft · RM 379.00 PSF
Jul 2023
RM 300,000
700 sqft · RM 429.00 PSF
Nov 2022
RM 276,000
700 sqft · RM 394.00 PSF
Dec 2021