Penang
Seberang Perai Selatan
11
TAMAN NIBONG TEBAL JAYA

TAMAN NIBONG TEBAL JAYA

Area Intelligence

Median Price

RM 342,500

PSF: RM 249

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Residential PSF Trends

Median Price

RM 335,000

PSF: RM 243

Commercial PSF Trends

Median Price

RM 400,000

RM 290 PSF

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 321K to RM 300K, and a typical market range of RM 250K to RM 300K.

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

For price per square foot, the median is RM 249, with most transactions between RM 232 and RM 265. The usual range is RM 195.75 to RM 301.25, showing that most units are priced quite close to each other. With an IQR of RM 105.50 and MAD of RM 17, 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

4 transactions grouped by size

Popular Ranges

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

1,350 sqft

Double Storey Terraced

1,350 sqft

Double Storey Terraced

RM 300,000

LORONG SUNGAI DAUN 2

1,345 sqft · RM 223 PSF

Mar 2023

LORONG SUNGAI DAUN 2

RM 300,000

RM 223

1,345 sqft

Mar 2023

1,400 sqft

Single Storey Terraced

1,400 sqft

Single Storey Terraced

RM 300,000

LORONG SUNGAI DAUN 4

1,378 sqft · RM 218 PSF

Aug 2022

RM 270,000

LORONG SUNGAI DAUN 2

1,378 sqft · RM 196 PSF

Mar 2022

RM 250,000

LORONG SUNGAI DAUN 4

1,378 sqft · RM 181 PSF

Nov 2021

LORONG SUNGAI DAUN 4	RM 300,000	RM 218	1,378 sqft	Aug 2022
LORONG SUNGAI DAUN 2	RM 270,000	RM 196	1,378 sqft	Mar 2022
LORONG SUNGAI DAUN 4	RM 250,000	RM 181	1,378 sqft	Nov 2021