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 229K to RM 456K, and a typical market range of RM 214K to RM 471K.
Most transactions involved low-cost flat, with high diversity across multiple property types.
Price per square foot shows a median of RM 249, though individual units vary from RM 192 to RM 306 in the core range. The broader market spans RM 195.75 to RM 301.25, indicating diverse property characteristics. 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.
