Penang
Seberang Perai Selatan
11
TAMAN NIBONG TEBAL JAYA

TAMAN NIBONG TEBAL JAYA

Area Intelligence

2021

Median Price

RM 285,000

PSF: RM 207

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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.

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

For price per square foot, the median is RM 207, with most transactions between RM 207 and RM 207. The usual range is RM 153.75 to RM 259.25, showing that most units are priced quite close to each other. With an IQR of RM 105.50 and MAD of RM 0, 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. Some price volatility exists, making thorough market research essential before transacting. 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 grouped by size

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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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Road	Price	Land PSF	Land	Date	Type

1,400 sqft

RM 320,000

LORONG SUNGAI DAUN 2

1,378 sqft · RM 232 PSF

Dec 2021

RM 250,000

LORONG SUNGAI DAUN 4

1,378 sqft · RM 181 PSF

Nov 2021

LORONG SUNGAI DAUN 2	RM 320,000	RM 232	1,378 sqft	Dec 2021	Double Storey Terraced
LORONG SUNGAI DAUN 4	RM 250,000	RM 181	1,378 sqft	Nov 2021	Single Storey Terraced