TAMAN NIBONG TEBAL JAYA

Area Intelligence
2021
Median Price
RM 285,000
PSF: RM 207

Residential PSF Trends

Median Price

RM 285,000

PSF: RM 207

Commercial PSF Trends

Median Price

RM 480,000

RM 230 PSF

TAMAN NIBONG TEBAL JAYA in Seberang Perai Selatan, Penang recorded 2 subsale transactions in 2021, with a median price of RM 285K and a median price per square foot (PSF) of RM 207.

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 285K, with most transactions falling within a stable range of RM 250K to RM 320K, and a typical market range of RM 250K to RM 320K.

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

The median PSF stands at RM 207, with core pricing between RM 181 and RM 232. Market pricing typically extends from RM 153.75 to RM 259.25, reflecting moderate variation in unit pricing. With an IQR of RM 105.50 and MAD of RM 26, the PSF demonstrates reasonable consistency across the market.

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

2 transactions found

RM 320,000
LORONG SUNGAI DAUN 2
1,378 sqft RM 232.00 PSF
RM 250,000
LORONG SUNGAI DAUN 4
1,378 sqft RM 181.00 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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