TAMAN NIBONG TEBAL JAYA

Area Intelligence
Median Price
RM 85,000
PSF: RM 129

Residential PSF Trends

Median Price

RM 85,000

PSF: RM 129

Commercial PSF Trends

Median Price

RM 480,000

RM 230 PSF

TAMAN NIBONG TEBAL JAYA in Seberang Perai Selatan, Penang recorded 13 subsale transactions between 2021 and 2025, with a median price of RM 85K and a median price per square foot (PSF) of RM 129.

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 85K, with most transactions falling within a stable range of RM 61K to RM 109K, and a typical market range of RM 58K to RM 130K.

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

Price per square foot shows a median of RM 129, though individual units vary from RM 93 to RM 165 in the core range. The broader market spans RM 76.25 to RM 181.75, indicating diverse property characteristics. A wider spread (IQR: RM 105.50) and deviation (MAD: RM 36) indicate significant PSF variations, likely due to diverse property types or conditions.

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

13 transactions grouped by size

650 sqft
Low-Cost Flat
RM 65,000
Level 4
657 sqft · RM 99 PSF
RM 120,000
Level 2
657 sqft · RM 183 PSF
RM 85,000
Level 5
657 sqft · RM 129 PSF
RM 130,000
Level 2
657 sqft · RM 198 PSF
RM 58,000
Level 4
657 sqft · RM 88 PSF
RM 130,000
Level 4
657 sqft · RM 198 PSF
700 sqft
Low-Cost Flat
RM 110,000
Level 3
721 sqft · RM 153 PSF

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

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