R/Pangsa Kos Rendah Sungai. Nibong

Sungai Nibong, Bayan Lepas, Penang, Malaysia

Property Transactions

5 subsales grouped by size

Median
RM210,000
PSF
RM361
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
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM210,000

RM361 psf

Median transaction price

R/Pangsa Kos Rendah Sungai. Nibong in Timur Laut, Penang recorded 5 subsale transactions between 2021 and 2026, with a median price of RM210K and a median price per square foot (PSF) of RM361.

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 RM210K, with most transactions falling within a stable range of RM189K to RM230K, and a typical market range of RM185K to RM230K.

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

The median PSF stands at RM361, with core pricing between RM323 and RM399. Market pricing typically extends from RM318.29 to RM404.29, reflecting moderate variation in unit pricing. With an IQR of RM86.00 and MAD of RM38, 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.