Sungai Nibong, Penang Island
Sungai Nibong (also known as Sungai Nibung) is a town that is located in Penang Island, Penang. The built-up available in this town is 1,000 sf to 4,600 sf for houses. Other neighbouring towns around here are Batu Uban, Bayan Baru, Bayan Indah, Bukit Gambier, Bukit Jambul, Minden Heights, Pantai Jerjak, Relau, Sungai Dua and The Light Waterfront.
This town has some amenities nearby, for example hospitals, universities and schools. The following are some of the major hospitals here:
- H Medical Centre
- Hospital Islam Patuh Syariah Pulau Pinang
- Pantai Hospital Penang
As for universities, there are Inti International College Penang, Universiti Sains Malaysia and University Of Science.
The current rental yield of Sungai Nibong is 1.57% for houses. The highest rental yield ever recorded was 3.33% in Q3 2021 (house); while the lowest one was 1.28% in Q4 2019 (house). Meanwhile, the most common unit layouts and sizes available here are as follows:
The most popular layout and size (built-up) combination at Sungai Nibong for houses is 4-bedroom / 2,000 sf with a median price of RM650 psf. For price wise, the most expensive one is 6-bedroom / 3,258 sf with a median price of RM1,220 psf; while the cheapest one is 6-bedroom / 3,800 sf with a median price of RM430 psf.
Latest Sungai Nibong sale listings:
| Date | Property Type | Built-up | Price |
|---|---|---|---|
| Today | Condominium | 850 sf | RM390,000 |
| Today | Low-Cost Flat | 678 sf | RM210,600 |
| 29 Nov 2023 | Low-Cost Flat | 700 sf | RM240,000 |
| 29 Nov 2023 | Low-Cost Flat | 850 sf | RM410,000 |
| 29 Nov 2023 | Low-Cost Flat | 700 sf | RM292,000 |
| 29 Nov 2023 | Low-Cost Flat | 678 sf | RM210,600 |
| 28 Nov 2023 | Low-Cost Flat | 970 sf | RM400,000 |
| 28 Nov 2023 | Low-Cost Flat | 970 sf | RM400,000 |
| 28 Nov 2023 | Low-Cost Flat | 700 sf | RM328,000 |
| 28 Nov 2023 | Condominium | 1,155 sf | RM700,000 |
Latest Sungai Nibong rental listings:
| Date | Property Type | Built-up | Rental |
|---|---|---|---|
| Today | Condominium | 1,000 sf | RM1,900 |
| Today | Shop-Office | 2,200 sf | RM5,800 |
| Today | Condominium | 1,400 sf | RM5,700 |
| Today | Low-Cost Flat | 980 sf | RM1,400 |
| Today | Condominium | 1,155 sf | RM2,200 |
| 1 Dec 2023 | House Room | -NA- | RM300 |
| 1 Dec 2023 | Master Room | -NA- | RM500 |
| Today | Condominium | 700 sf | RM1,300 |
| 17 Nov 2023 | Semi-Detached | 1,800 sf | RM3,000 |
| 19 Nov 2023 | Condominium | 950 sf | RM3,200 |
Management should probably do something about those half completed pillars on the top floor.