Penang
Seberang Perai Selatan
11
TAMAN NIBONG TEBAL JAYA

TAMAN NIBONG TEBAL JAYA

Area Intelligence

2022

Median Price

RM 350,000

PSF: RM 254

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Residential PSF Trends

Median Price

RM 300,000

PSF: RM 218

Commercial PSF Trends

Median Price

RM 400,000

RM 290 PSF

TAMAN NIBONG TEBAL JAYA in Seberang Perai Selatan, Penang recorded 4 subsale transactions in 2022, with a median price of RM 350K and a median price per square foot (PSF) of RM 254.

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 350K, with most transactions falling within a stable range of RM 292K to RM 400K, and a typical market range of RM 270K to RM 400K.

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

The median PSF stands at RM 254, with core pricing between RM 212 and RM 296. Market pricing typically extends from RM 201.25 to RM 306.75, reflecting moderate variation in unit pricing. The spread of RM 105.50 (IQR) and deviation of RM 42 (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.

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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

1,400 sqft

RM 300,000

LORONG SUNGAI DAUN 4

1,378 sqft · RM 218 PSF

Aug 2022

RM 400,000

JALAN. SUNGAI. DAUN

1,378 sqft · RM 290 PSF

Aug 2022

RM 400,000

LORONG SUNGAI DAUN 2

1,378 sqft · RM 290 PSF

May 2022

RM 270,000

LORONG SUNGAI DAUN 2

1,378 sqft · RM 196 PSF

Mar 2022

LORONG SUNGAI DAUN 4	RM 300,000	RM 218	1,378 sqft	Aug 2022	Single Storey Terraced
JALAN. SUNGAI. DAUN	RM 400,000	RM 290	1,378 sqft	Aug 2022	Double Storey Shop
LORONG SUNGAI DAUN 2	RM 400,000	RM 290	1,378 sqft	May 2022	Double Storey Terraced
LORONG SUNGAI DAUN 2	RM 270,000	RM 196	1,378 sqft	Mar 2022	Single Storey Terraced