TAMAN NIBONG TEBAL JAYA

TAMAN NIBONG TEBAL JAYA in Seberang Perai Selatan, Penang recorded 4 subsale transactions in 2023, with a median price of RM 95K and a median price per square foot (PSF) of RM 138.

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 138, with most transactions between RM 138 and RM 138. The usual range is RM 84.75 to RM 190.25, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.