TAMAN NIBONG TEBAL JAYA

Area Intelligence
2024
Median Price
RM 125,000
PSF: RM 191

Residential PSF Trends

Median Price

RM 125,000

PSF: RM 191

Commercial PSF Trends

Median Price

RM 480,000

RM 230 PSF

TAMAN NIBONG TEBAL JAYA in Seberang Perai Selatan, Penang recorded 10 subsale transactions in 2024, with a median price of RM 125K and a median price per square foot (PSF) of RM 191.

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 125K, with most transactions falling within a stable range of RM 96K to RM 130K, 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 191, though individual units vary from RM 146 to RM 235 in the core range. The broader market spans RM 137.75 to RM 243.25, indicating diverse property characteristics. The spread of RM 105.50 (IQR) and deviation of RM 44 (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. 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

7 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
RM 75,000
Level 5
657 sqft · RM 114 PSF

No Properties For Sale

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

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