Rediscover

Sungai Nibong

The median sale at Sungai Nibong, Penang, Malaysia is RM 541,500

25%
RM 300,000
RM 357 (PSF)
MEDIAN
RM 541,500
RM 493 (PSF)
75%
RM 1,060,000
RM 661 (PSF)

 

Overview

Sungai Nibong is a town situated in Penang Island close to Batu Uban and Sungai Dua. It is in the south eastern part of the island not far from the coast. Its proximity to Penang Bridge makes it easily reachable.

Sungai Nibong has made itself a name for two main reasons. The first, due to the presence of Sungai Nibong Express Bus Terminal, which is the primary way tourists go in and out of Penang Island via public transport. It has long distance bus services that not only have a nationwide network but also cater to tourists from out of Malaysia such as those from Thailand and Singapore. The second, reason is because it is the site for the famous annual Pesta Pulau Pinang (Penang Festival) during December, which acts as a platform for trade expo, family-based carnivals and cultural events. It gives one of a kind all round experience of Malaysian culture, cuisine and traditions.

Property Types

Residential options in the vicinity, ideally for people working in Bayan Lepas Industrial Zone, include Mawar Apartment – three low-rise apartment blocks, Halaman Kenanga – two blocks of 22-storey apartments, Halaman Teratai – three blocks of 5-storey apartments, Halaman Areka – seven blocks of 4-storey apartments, Nipah Emas – 22-storey apartment, Prima View – 11-storey apartment blocks, 98 Nibong Residence – 18-storey condominium, The Peak – two blocks of 38-storey luxury condominiums, Lavinia Apartment – three 13-storey blocks and two 4-storey blocks and Medan Mutiara – five blocks of 5-storey apartments.

Amenities and Facilities

There is no lack of amenities as everything from entertainment to dining and shopping can be obtained from the nearby Queensbay Mall, Mydin, Kompleks Bukit Jambul, Giant Hypermarket and Tesco Extra Sungai Dua. In terms of education, SK Sungai Nibong, SMK Sungai Nibong, SMK Sungai Ara, SJKT Sungai Ara, SJKC Chong Cheng, SMJK(C) Phor Tay, Sunshine Child Centre, D’Monte Child Care & Development, D’monte Kindergarten and Universiti Sains Malaysia (USM) cover the entire range of education from kindergarten to university level.

Other amenities in the area includes Bukit Jambul Country Club, Penang Golf Club, Taman Sri Nibong Park, Sungai Nibong Gospel Hall, Masjid Jamek Sungai Nibong, Super Tanker (Chinese delicacy food court), police station, pharmacy, clinic, several mini markets, night market, surau and shop houses which is home to a host of businesses such as banks, restaurants, tuition centre, workshops and saloons.

Accessibility and Transportation

It is easily accessible via numerous highways and roads, namely, Sungai Nibong Highway, Tun Dr. Lim Chong Eu Highway, Jalan Sultan Azlan Shah, Jalan Aziz Ibrahim, Jalan Sungai Dua and Jalan Bukit Gambir.

Past Transactions

Project / TownShipsTypeMedian Price PsfMedian PriceFiled Transactions
Taman Sri Nibong, Sungai NibongCondominium/Apartment,Flat,Terrace House,Semi-Detached HouseRM 500RM 679,25092 Transactions
Villa EmasCondominium/ApartmentRM 492RM 419,54578 Transactions
Putra PlaceCondominium/ApartmentRM 616RM 503,81364 Transactions
Tropicana Bay ResidencesCondominium/Apartment,FlatRM 689RM 630,23962 Transactions
Desa BistariFlat,Condominium/ApartmentRM 386RM 269,80947 Transactions
Gold Coast ResortCondominium/ApartmentRM 586RM 701,70047 Transactions
Taman Saw KitTerrace House,Semi-Detached HouseRM 831RM 1,017,18347 Transactions
Desa PutraFlatRM 316RM 212,17235 Transactions
Summerton CondominiumCondominium/Apartment,Flat,Hotel/Service ApartmentRM 527RM 948,66727 Transactions
Nibong IndahFlat,Condominium/ApartmentRM 396RM 283,65426 Transactions
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Rent and Sale Prices in Sungai Nibong

BedroomsSale PriceMonthly RentRental Yield
1RM --RM ----
2RM --RM ----
3RM 622,051RM 1,9853.83%
4RM 1,064,900RM 3,3193.74%
5RM --RM ----

Price per Square Foot

SectorPrice Psf (Non Landed)Price Psf (Landed)
Area AverageRM 437RM 609
State AverageRM 328RM 256