TAMAN INDUSTRI NIBONG TEBAL

TAMAN INDUSTRI NIBONG TEBAL in Seberang Perai Selatan, Penang recorded 10 Terraced Factory properties subsale transactions between 2021 and 2025 for terraced factory properties, with a median price of RM 545K and a median price per square foot (PSF) of RM 395.

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 545K, with most transactions falling within a stable range of RM 400K to RM 714K, and a typical market range of RM 498K to RM 592K.

Within the Terraced Factory category, terraced factory/warehouse dominated the market, with minimal variety in property types.

The median PSF stands at RM 395, with core pricing between RM 332 and RM 458. Market pricing typically extends from RM 360.25 to RM 429.75, reflecting moderate variation in unit pricing. The spread of RM 69.50 (IQR) and deviation of RM 63 (MAD) suggest moderate price variations reflecting different property features.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.