Kota Nibong
Malaysia, Penang, Bayan Lepas, Lebuh Nipah 1, 15G2, 11900
Malaysia, Penang, Bayan Lepas, Lebuh Nipah 1, 15G2, 11900
| LIST.MY · Kota Nibong | |||||
|---|---|---|---|---|---|
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
| 2023 | |||||
|
Level 5
|
RM280,000
|
RM400
|
700 sqft
|
|
Flat |
|
Level 6
|
RM310,000
|
RM443
|
700 sqft
|
|
Flat |
|
Level 5
|
RM265,000
|
RM379
|
700 sqft
|
|
Flat |
| 2022 | |||||
|
Level 7
|
RM300,000
|
RM429
|
700 sqft
|
|
Flat |
| 2021 | |||||
|
Level 4
|
RM276,000
|
RM394
|
700 sqft
|
|
Flat |
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Kota Nibong
PSF median price per sq ft · 12m its change over the past 12 months
Most-traded areas in this mukim, by number of recorded subsale transactions. See every area in 13
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Malaysia, Penang, Bayan Lepas, Lebuh Nipah 1, 15G2, 11900
MapsKota Nibong in Timur Laut, Penang recorded 5 subsale transactions between 2021 and 2026, sized between 675 and 724 sqft, with a median price of RM280K and a median price per square foot (PSF) of RM400.
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 RM280K, with most transactions falling within a stable range of RM265K to RM296K, and a typical market range of RM265K to RM304K.
Most transactions involved flats, though some variety exists in the market.
For price per square foot, the median is RM400, with most transactions between RM377 and RM424. The usual range is RM326.58 to RM473.83, showing that most units are priced quite close to each other. With an IQR of RM147.25 and MAD of RM23, 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.