Kota Nibong

Malaysia, Penang, Bayan Lepas, Lebuh Nipah 1, 15G2, 11900

Property Transactions

3 subsales grouped by size

Median
RM330,000
PSF
RM254

Property Type

Price Size
Period
transactions middle 50% (P25–P75)
1,300 sqft
Office
RM340,000
Level 2
1,300 sqft · RM262 PSF
RM325,000
Level 2
1,300 sqft · RM250 PSF
RM330,000
Level 3
1,300 sqft · RM254 PSF
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Kota Nibong
© OpenStreetMap · CARTO

Malaysia, Penang, Bayan Lepas, Lebuh Nipah 1, 15G2, 11900

Maps

Kota Nibong in Timur Laut, Penang recorded 3 subsale transactions between 2021 and 2026, sized between 1,275 and 1,324 sqft, with a median price of RM330K and a median price per square foot (PSF) of RM254.

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 RM330K, with most transactions falling within a stable range of RM325K to RM336K, and a typical market range of RM325K to RM340K.

Most transactions involved flats, though some variety exists in the market.

For price per square foot, the median is RM254, with most transactions between RM249 and RM259. The usual range is RM180.23 to RM327.48, showing that most units are priced quite close to each other. With an IQR of RM147.25 and MAD of RM5, 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.