Penang
Seberang Perai Selatan
11
TAMAN NIBONG TEBAL JAYA

TAMAN NIBONG TEBAL JAYA

Area Intelligence

2022

Median Price

RM 100,000

PSF: RM 152

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Residential PSF Trends

Median Price

RM 100,000

PSF: RM 152

Commercial PSF Trends

Median Price

RM 480,000

RM 230 PSF

TAMAN NIBONG TEBAL JAYA in Seberang Perai Selatan, Penang recorded 3 subsale transactions in 2022, with a median price of RM 100K and a median price per square foot (PSF) of RM 152.

This area contains both residential and commercial properties. View 24 residential properties or 2 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 100K, with most transactions falling within a stable range of RM 84K to RM 100K, and a typical market range of RM 66K to RM 100K.

Most transactions involved low-cost flat, with high diversity across multiple property types.

The median PSF stands at RM 152, with core pricing between RM 128 and RM 176. Market pricing typically extends from RM 99.25 to RM 204.75, reflecting moderate variation in unit pricing. The spread of RM 105.50 (IQR) and deviation of RM 24 (MAD) suggest moderate price variations reflecting different property features.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN NIBONG TEBAL JAYA, Seberang Perai Selatan, Penang

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Transactions

3 transactions found

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

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Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

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RM 100,000

Level 2

657 sqft • RM 152.00 PSF

Oct 2022

RM 100,000

Level 2

657 sqft • RM 152.00 PSF

Aug 2022

RM 66,000

Level 5

657 sqft • RM 101.00 PSF

Mar 2022

Road	Price	Land PSF	Land	Date	Type
Level 2	RM 100,000	RM 152.00	657 sqft	Oct 2022	Low-Cost Flat
Level 2	RM 100,000	RM 152.00	657 sqft	Aug 2022	Low-Cost Flat
Level 5	RM 66,000	RM 101.00	657 sqft	Mar 2022	Low-Cost Flat