30 Houses for Sale at 98 Nibong Residence, Bayan Lepas, Penang
DeveloperPLB Land Sdn Bhd
Explore iProperty
98 Nibong Residence is a freehold condominium in Bayan Lepas, Penang. There are currently 30 listing(s) available for sale on iProperty Malaysia. The listings start from RM800K for units with 1,500 sqft.
You can search for other projects within Bayan Lepas such as Iconic Regency, Saujana Damai, and The Peak, Sungai Nibong. Find your ideal properties, contact verified agents, and compare prices only with iProperty Malaysia.
The iProperty Take on Buying 98 Nibong Residence
In the last 30 days, 8.4% of property searches in Sungai Nibong were for 98 Nibong Residence. There are currently 26 total units available for sale at the project. Asking prices for 3-Bedroom units are well below the Sungai Nibong average, while 4-Bedroom units are also priced well below the township benchmark.
Developer & Launch
98 Nibong Residence is a Condominium development by PLB Land Sdn Bhd located in Sungai Nibong. The project reached completion in 2015.
This Freehold property consists of 107 units within 1 building that stands 18 floors high. The unit configurations include Type A with 3 bedrooms and 2 bathrooms at 1,467 sq ft, Type B with 3 bedrooms and 2 bathrooms at 1,711 sq ft, Type C with 3 bedrooms and 2 bathrooms at 1,819 sq ft, and Type D with 3 bedrooms and 2 bathrooms at 1,711 sq ft.
Top Amenities & Facilities at 98 Nibong Residence
98 Nibong Residence provides a selection of essential facilities designed to support the daily needs and lifestyle of its residents. These on-site amenities offer spaces for recreation and practical convenience within the development.
- Swimming pool
- BBQ
- Covered car park
- Perimeter Fencing
- Gym
Pricing by Unit Type
- 3-Bedroom
- Average asking price: RM 875K
- Asking PSF: RM 467 psf
- vs. Sungai Nibong avg. PSF: RM 583 psf (19.88% below average)
- Positioning: Budget-friendly.
- Listings: 20
- 4-Bedroom
- Average asking price: RM 898K
- Asking PSF: RM 473 psf
- vs. Sungai Nibong avg. PSF: RM 675 psf (29.96% below average)
- Positioning: Below average.
- Listings: 6
Neighbourhood at a Glance
98 Nibong Residence is located within reach of essential services and local amenities in Sungai Nibong, including Sk Sg Nibong and Ksy Vegetarian Restaurant. Buyers can reference the following verified distances and travel times to nearby transport, retail, and healthcare facilities.
- TRANSPORT: Sungai Dua Station, 644 m (8 minutes walking distance)
- HEALTHCARE: Brunei Clinic, 648 m (8 minutes walking distance)
- RETAIL: Bay Avenue, 2 km (5 minutes driving distance)
- EDUCATION: Sk Sg Nibong, 524 m (6 minutes walking distance)
- FOOD & BEVERAGE: Ksy Vegetarian Restaurant, 212 m (3 minutes walking distance)
- CONVENIENCE STORE: 7-Eleven, 591 m (7 minutes walking distance)
Past Transaction & Price Insights
98 Nibong Residence historical transactions from 2023 to 2026 show a median price of RM504 PSF, with a typical range between RM434 PSF and RM623 PSF.
A 3-bedroom Type C unit of 1,819 sqft sold for RM780,000 (RM429 PSF) in May 2023. The project recorded a 17.08% rise in PSF. The estimated gross rental yield is 3.62% based on current project rental listings and matched historical sale transactions.
Who It's For
Young Families
3-Bedroom and 4-Bedroom units are priced well below the Sungai Nibong average, providing family-sized options for a long-term purchase. Sk Sg Nibong is 524 m away, a 6-minute walk that simplifies the daily school run. On-site facilities like a gym and multi-purpose hall provide space for recreation, while 24-hour security is included for peace of mind.
Ready to Make Your Move?
27 homes are currently for sale at 98 Nibong Residence, starting from RM770,000. See what's currently on the market and compare layouts side by side.
This copy was published on 25 September 2026.