Area Intelligence

R/PANGSA KOS RENDAH SG. NIBONG

3 properties
2023
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Median Price
RM 180,000
PSF: RM 310

Residential Market

Median Price

RM 180,000

IQR: RM 95
MAD: RM 60
RM 310 PSF 4.2%

PSF Trends (2021-2025)

R/PANGSA KOS RENDAH SG. NIBONG in Timur Laut, Penang recorded 3 subsale transactions in 2023, with a median price of RM 180K and a median price per square foot (PSF) of RM 310.

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 126K to RM 232K, 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 310, though individual units vary from RM 214 to RM 406 in the core range. The broader market spans RM 262.75 to RM 357.25, indicating diverse property characteristics. A wider spread (IQR: RM 94.50) and deviation (MAD: RM 96) indicate significant PSF variations, likely due to diverse property types or conditions.

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.

Area Location

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R/PANGSA KOS RENDAH SG. NIBONG, Timur Laut, Penang

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Transactions

3 properties grouped by size

600 sqft
3 units Low-Cost Flat
RM 232,000
581 sqft · RM 399.00 PSF
Sep 2023
RM 100,000
603 sqft · RM 166.00 PSF
Sep 2023
RM 180,000
581 sqft · RM 310.00 PSF
May 2023