KOTA NIBONG

KOTA NIBONG in Timur Laut, Penang recorded 3 Office Lot properties subsale transactions between 2021 and 2025 for office lot properties, with a median price of RM 330K and a median price per square foot (PSF) of RM 254.

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 330K, with most transactions falling within a stable range of RM 325K to RM 336K, and a typical market range of RM 325K to RM 340K.

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

For price per square foot, the median is RM 254, with most transactions between RM 249 and RM 259. The usual range is RM 180.38 to RM 327.63, showing that most units are priced quite close to each other. With an IQR of RM 147.25 and MAD of RM 5, 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.