TAMAN INDUSTRI NIBONG TEBAL

TAMAN INDUSTRI NIBONG TEBAL in Seberang Perai Selatan, Penang recorded 2 subsale transactions between 2021 and 2025, with a median price of RM 890K and a median price per square foot (PSF) of RM 297.

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 890K, with most transactions falling within a stable range of RM 835K to RM 945K, and a typical market range of RM 843K to RM 937K.

Most transactions involved terraced factory/warehouse, with minimal variety in property types.

The median PSF stands at RM 297, with core pricing between RM 262 and RM 331. Market pricing typically extends from RM 261.75 to RM 331.25, reflecting moderate variation in unit pricing. With an IQR of RM 69.50 and MAD of RM 35, 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.