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 4,300 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 1.92% in Q3 2017 (house); while the lowest one was 1.33% in Q4 2018 (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 RM660 psf. For price wise, the most expensive one is 6-bedroom / 3,800 sf with a median price of RM1,000 psf; while the cheapest one is 6-bedroom / 3,600 sf with a median price of RM470 psf.
Latest Sungai Nibong sale listings:
| Date | Property Type | Built-up | Price |
|---|---|---|---|
| Today | Low-Cost Flat | 549 sf | RM150,000 |
| 6 Sep 2024 | Semi-Detached | 2,000 sf | RM1,750,000 |
| 6 Sep 2024 | Terrace | 1,800 sf | RM1,580,000 |
| 6 Sep 2024 | Condominium | 1,000 sf | RM1,550,000 |
| Today | Condominium | 970 sf | RM380,000 |
| 2 Sep 2024 | Condominium | 2,388 sf | RM1,380,000 |
| 6 Sep 2024 | Condominium | 850 sf | RM365,000 |
| 5 Sep 2024 | Terrace | 2,000 sf | RM1,300,000 |
| 5 Sep 2024 | Terrace | 2,000 sf | RM1,200,000 |
| 5 Sep 2024 | Terrace | 2,000 sf | RM1,100,000 |
Latest Sungai Nibong rental listings:
| Date | Property Type | Built-up | Rental |
|---|---|---|---|
| 5 Sep 2024 | Condominium | 850 sf | RM1,800 |
| 10 Sep 2024 | Condominium | 1,800 sf | RM3,500 |
| 10 Sep 2024 | Condominium | 1,560 sf | RM3,000 |
| 10 Sep 2024 | Low-Cost Flat | 700 sf | RM1,500 |
| 10 Sep 2024 | Low-Cost Flat | 700 sf | RM1,200 |
| 10 Sep 2024 | Low-Cost Flat | 900 sf | RM1,200 |
| 10 Sep 2024 | Condominium | 850 sf | RM1,500 |
| 10 Sep 2024 | Low-Cost Flat | 750 sf | RM1,300 |
| 10 Sep 2024 | Low-Cost Flat | 550 sf | RM1,100 |
| 10 Sep 2024 | Condominium | 850 sf | RM1,800 |
Management should probably do something about those half completed pillars on the top floor.