Penang
Seberang Perai Selatan
11
TAMAN INDUSTRI NIBONG TEBAL

TAMAN INDUSTRI NIBONG TEBAL

Area Intelligence

Median Price

RM 527,500

PSF: RM 399

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Commercial PSF Trends

Median Price

RM 527,500

RM 399 PSF

TAMAN INDUSTRI NIBONG TEBAL in Seberang Perai Selatan, Penang recorded 8 subsale transactions between 2021 and 2025, with a median price of RM 528K and a median price per square foot (PSF) of RM 399.

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 528K, with most transactions falling within a stable range of RM 498K to RM 460K, and a typical market range of RM 481K to RM 460K.

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

For price per square foot, the median is RM 399, with most transactions between RM 369 and RM 429. The usual range is RM 363.75 to RM 433.25, showing that most units are priced quite close to each other. With an IQR of RM 69.50 and MAD of RM 30, 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.

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TAMAN INDUSTRI NIBONG TEBAL, Seberang Perai Selatan, Penang

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