TAMAN NIBONG TEBAL JAYA

Area Intelligence
2025
Median Price
RM 395,000
PSF: RM 287

Residential PSF Trends

Median Price

RM 395,000

PSF: RM 287

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 2025, with a median price of RM 395K and a median price per square foot (PSF) of RM 287.

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 395K, with most transactions falling within a stable range of RM 282K to RM 509K, and a typical market range of RM 266K to RM 524K.

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

The median PSF stands at RM 287, with core pricing between RM 230 and RM 344. Market pricing typically extends from RM 234.25 to RM 339.75, reflecting moderate variation in unit pricing. The spread of RM 105.50 (IQR) and deviation of RM 57 (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. 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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