Data-quality note: 4 fields on this guide are unverified or pending Zac's direct input — see "Sources & gaps" at the bottom of this page for the full list.
Penang Island
Sungai Nibong
Bridge-end commuter belt — fastest island exit, densest mid-rise pipeline
Condo PSF
RM 560–1000
Active projects
0
What is the average PSF in Sungai Nibong in 2026?
Most condos in Sungai Nibong are priced at roughly RM560–1000 per sq ft in 2026, based on asking and launch prices across the condo projects we track in the area. These are asking prices, not transacted prices.
- Condo PSF rangeRM 560–1000
Character
South-central Penang Island pocket sitting directly at the Penang Bridge toll interchange. Predominantly mid-rise condos with a smattering of older landed. The area's calling card is unmatched bridge access — off-peak, mainland is 20 minutes away. Pricing sits sharply below equivalent north-island stock, making it the de-facto entry point for island-address buyers on a budget.
Lifestyle scorecard
Zac's honest 1–10 rating across the dimensions buyers care about most.
✅ Pros
- Closest island residential cluster to Penang Bridge — peak-hour avoidance possible by timing
- Tracked condos run about RM560–1,000 psf, below the northern coast but not the island's cheapest
- Planned Mutiara LRT Sungai Nibong Station is a confirmed funded station on the alignment
- Strong rental demand from FIZ and mainland-commuter professionals keeps yields above 4.5%
- Queensbay Mall and AEON Bukit Jambul within 10 minutes
⚠️ Cons
- Penang Bridge toll interchange causes severe peak-hour congestion on Jalan Sungai Nibong
- Limited international school options nearby; families with children typically drive 20+ min
- Industrial and bridge-infrastructure noise in some blocks
- Older projects in the area suffer from deferred maintenance and weaker facilities
Transaction benchmark
trailing 12 months (reference brickz.my for current data)Median PSF (all-residential)
RM null
Sample
Sungai Nibong is not a separately published NAPIC locality; project-level Brickz transaction data should be used
25th–75th percentile range: Indicative RM280,000–RM650,000 across mid-rise leasehold condo stock (asking-price basis, PropertyGuru/iProperty)
NAPIC does not publish locality-level sub-sale PSF for Sungai Nibong. Use Brickz.my project-level transaction searches for verifiable transacted data. Asking-price PSF range RM320–520 sourced from PropertyGuru and iProperty active listings.
Sources
For unit-by-unit recent transactions on any specific Sungai Nibong project, ask Zac for the latest →
📈 The Sungai Nibong LRT station is the key re-rating event; leasehold and toll-congestion remain structural overhangs
Verifiable upcoming events from named, dated announcements — not price speculation.
- Sungai Nibong station is on the Mutiara LRT Line. The Mutiara Line (29.5 km, 22 stations) runs from Silicon Island past the airport and FIZ, through Bayan Baru, Gelugor and Jelutong to Komtar, then across the strait to Penang Sentral in Butterworth. Construction began on 11 January 2025, with opening targeted for December 2031. Construction will disrupt traffic in the meantime; a transit premium for the nearest projects is likely only once the line is running.
- Penang Bridge toll restructuring and wider second-bridge traffic distribution will determine whether the peak-hour congestion overhang on Jalan Sungai Nibong eases. No policy change has been announced as of mid-2026.
- New supply pipeline in the wider Bayan Lepas / Sungai Nibong belt remains active. Leasehold new launches are pricing in the RM400–550K range, sustaining entry-level demand but keeping capital appreciation muted versus freehold areas.
Every project in Sungai Nibong, priced
All 5 tracked projects — 0 selling, 5 trading sub-sale. Rendered from our project records, so a correction updates this table everywhere it appears.
There is no active launch in Sungai Nibong right now. Everything here trades sub-sale.
Sub-sale — 5 projects
| Project | Price | PSF | Tenure | Land title | Built | Status |
|---|---|---|---|---|---|---|
| Casa Anggun | RM405K–RM500K | 360 | Freehold | confirm | 2018 | sub-sale |
| Iconic Regency | RM480K–RM950K | 817–1118 | Freehold | Commercial | 2024 | sub-sale |
| Novus | RM660K–RM790K | 616–753 | Freehold | confirm | 2020 | sub-sale |
| The Sun @ Sungai Nibong | RM730K–RM850K | 560–650 | Freehold | Commercial | 2022 | sub-sale |
| Celesta Residency | RM850K–RM1.03M | — | Freehold | confirm | 2022 | sub-sale |
Price bands
Foreign buyers
1 of 5 have at least one unit clearing the island minimum (RM1M strata, RM3M landed). 4 do not: Casa Anggun, Iconic Regency, Novus, The Sun @ Sungai Nibong. The threshold depends on property type, not title class.
Title & tenure
- 2 on commercial title — lower LTV ceiling, commercial utility and quit-rent tariffs: Iconic Regency, The Sun @ Sungai Nibong.
- 3 have no land title on record. Confirm it in writing before committing — it changes your financing.
Narrow it down
Filtered views of Sungai Nibong stock — each one a live list, not a static page.
Projects in Sungai Nibong
0 selling · 0 upcoming · 5 completed
Hero photo: Wikimedia Commons contributor (verify exact uploader on file page) · CC-BY-SA-4.0 (verify on file page before use)
Sources & data gaps (4)
Honest list of what couldn't be verified from public sources for this area (research completed 2026-06-25). These need Zac's direct input.
- •No clean Brickz.my locality-aggregate median for Sungai Nibong; project-level searches required.
- •No quantitative congestion index for Jalan Sungai Nibong / toll interchange; qualitative characterisation only.
- •LRT station exact walking-distance to specific projects not published; implied from alignment map only.
- •No Reddit r/penang or Lowyat thread with substantive Sungai-Nibong-specific buyer questions surfaced.