R/Pangsa Kos Rendah Sungai. Nibong

Sungai Nibong, Bayan Lepas, Penang, Malaysia

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Selling in R/Pangsa Kos Rendah Sungai. Nibong? Homes here sold for a median of RM180,000.

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Market Snapshot

Residential

RM180,000

RM310 psf

Median transaction price

R/Pangsa Kos Rendah Sungai. Nibong in Timur Laut, Penang recorded 0 subsale transactions in 2022, with a median price of RM180K and a median price per square foot (PSF) of RM310.

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 RM180K, with most transactions falling within a stable range of RM150K to RM210K, and a typical market range of RM155K to RM205K.

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

The median PSF stands at RM310, with core pricing between RM259 and RM361. Market pricing typically extends from RM267.00 to RM353.00, reflecting moderate variation in unit pricing. The spread of RM86.00 (IQR) and deviation of RM51 (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.