TAMAN INDUSTRI NIBONG TEBAL in Seberang Perai Selatan, Penang recorded 3 subsale transactions in 2025, with a median price of RM 560K and a median price per square foot (PSF) of RM 423.
This area consists exclusively of commercial properties, with no residential listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 560K, with most transactions falling within a stable range of RM 538K to RM 570K, and a typical market range of RM 520K to RM 570K.
Most transactions involved terraced factory/warehouse, with minimal variety in property types.
For price per square foot, the median is RM 423, with most transactions between RM 407 and RM 439. The usual range is RM 388.25 to RM 457.75, showing that most units are priced quite close to each other. With an IQR of RM 69.50 and MAD of RM 16, the PSF demonstrates reasonable consistency across the market.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.
