Property prices for sale in Nibong Tebal (Penang)
The prices in real estate in Nibong Tebal, in the Penang region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in Nibong Tebal has remained the same in the last 6 months. In October, the average price per sq.feet was RM 268. In November this price pretty much remained the same at a value of RM 262 per sq.feet. In the following two months the price per sq.feet has increased 105 %, going from RM 265 to RM 279.5 per sq.feet. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of RM 272.25 to RM 277 during February y March
Based upon to the price in Nibong Tebal (cities), this has gone up in the last 6 months. The price in October is RM 432,706, rising in November till RM 471,225. During the following two months (December, January) the price has had an average incrementation from RM 451,965.5 to RM 488,167.5. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of RM 470,066.5 and RM 463,235 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of RM 447,470 they are 74 % more affordable than the average price for Nibong Tebal. The properties with the highest average price have 4 bedrooms, Their price is 10 % more costly than the average. After that we have properties with 3 bedrooms priced at RM 320,095.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of RM 179 / sq.feet, with an average RM 280 / sq.feet price in Nibong Tebal. The properties with the highest average prices have 4 bedrooms. They are 5 % more expensive than the average followed by properties with 1 bedroom with a price at RM 259 / sq.feet.
The graph displaying the average prices displays the property type "Terraced House" as the most affordable one. At an cost of RM 447,470 it is 15 % cheaper than the average price in Nibong Tebal. "Shop" is seen as the second most affordable property type. The dearest property type is "Bungalow" followed by "Semi Detached House". At a price of RM 557,365 it is 86 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Shop" at an average cost of RM 181 / sq.feet followed by "Bungalow" priced at RM 197 / sq.feet. "Link House" is the most costly type of property with a RM 339 / sq.feet cost followed by "House" with an average price of RM 326 / sq.feet.
