R/PANGSA KOS RENDAH SG. NIBONG

R/PANGSA KOS RENDAH SG. NIBONG in Timur Laut, Penang recorded 10 subsale transactions between 2021 and 2025, with a median price of RM 180K and a median price per square foot (PSF) of RM 305.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 180K, with most transactions falling within a stable range of RM 140K to RM 220K, and a typical market range of RM 153K to RM 208K.

Most transactions involved low-cost flat, with minimal variety in property types.

Price per square foot shows a median of RM 305, though individual units vary from RM 234 to RM 375 in the core range. The broader market spans RM 257.25 to RM 351.75, indicating diverse property characteristics. The spread of RM 94.50 (IQR) and deviation of RM 70 (MAD) suggest moderate price variations reflecting different property features.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.