R/Pangsa Kos Rendah Sungai. Nibong

Sungai Nibong, Bayan Lepas, Penang, Malaysia

Property Transactions

10 subsales grouped by size

Median
RM180,000
PSF
RM310
Price Size
Period
transactions middle 50% (P25–P75)
600 sqft
LC Flat
RM180,000
Level 1
581 sqft · RM310 PSF
RM230,000
Level 1
581 sqft · RM396 PSF
RM220,000
Level 1
581 sqft · RM378 PSF
RM180,000
Level 5
603 sqft · RM299 PSF
RM210,000
Level 3
581 sqft · RM361 PSF
RM160,000
Level 3
581 sqft · RM275 PSF
+4 more
Legend Recent Highest Price Highest PSF

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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 10 subsale transactions between 2021 and 2026, 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 RM140K to RM220K, and a typical market range of RM155K to RM205K.

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

Price per square foot shows a median of RM310, though individual units vary from RM239 to RM380 in the core range. The broader market spans RM266.68 to RM352.68, indicating diverse property characteristics. The spread of RM86.00 (IQR) and deviation of RM70 (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.