R/PANGSA KOS RENDAH SG. NIBONG

R/PANGSA KOS RENDAH SG. NIBONG in Timur Laut, Penang recorded 6 subsale transactions in 2024, with a median price of RM 195K and a median price per square foot (PSF) of RM 330.

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 195K, with most transactions falling within a stable range of RM 162K to RM 228K, and a typical market range of RM 168K to RM 223K.

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

The median PSF stands at RM 330, with core pricing between RM 273 and RM 387. Market pricing typically extends from RM 282.75 to RM 377.25, reflecting moderate variation in unit pricing. The spread of RM 94.50 (IQR) and deviation of RM 57 (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.