TAMAN NIBONG TEBAL JAYA in Seberang Perai Selatan, Penang recorded 12 subsale transactions between 2021 and 2025, with a median price of RM 343K and a median price per square foot (PSF) of RM 249.
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 343K, with most transactions falling within a stable range of RM 286K to RM 399K, and a typical market range of RM 250K to RM 425K.
Most transactions involved low-cost flat, with high diversity across multiple property types.
The median PSF stands at RM 249, with core pricing between RM 208 and RM 289. Market pricing typically extends from RM 195.75 to RM 301.25, reflecting moderate variation in unit pricing. The spread of RM 105.50 (IQR) and deviation of RM 41 (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.
