Penang
Seberang Perai Selatan
11
TAMAN NIBONG TEBAL JAYA

TAMAN NIBONG TEBAL JAYA

Area Intelligence

2024

Median Price

RM 350,000

PSF: RM 254

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Residential PSF Trends

Median Price

RM 350,000

PSF: RM 254

Commercial PSF Trends

Median Price

RM 480,000

RM 230 PSF

TAMAN NIBONG TEBAL JAYA in Seberang Perai Selatan, Penang recorded 3 subsale transactions in 2024, 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 335K to RM 389K, and a typical market range of RM 335K to RM 425K.

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 226 and RM 282. Market pricing typically extends from RM 201.25 to RM 306.75, reflecting moderate variation in unit pricing. With an IQR of RM 105.50 and MAD of RM 28, 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

OSM

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Transactions

3 transactions grouped by size

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

Custom Range

Min Price (RM)

Max Price (RM)

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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

Custom Range

Min Size (sqft)

Max Size (sqft)

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Road	Price	Land PSF	Land	Date	Type

1,400 sqft

RM 335,000

LORONG SUNGAI DAUN 4

1,378 sqft · RM 243 PSF

Oct 2024

RM 350,000

LORONG SUNGAI DAUN 2

1,378 sqft · RM 254 PSF

Jun 2024

RM 425,000

LORONG. SUNGAI. DAUN 2

1,378 sqft · RM 308 PSF

Jun 2024

LORONG SUNGAI DAUN 4	RM 335,000	RM 243	1,378 sqft	Oct 2024	Single Storey Terraced
LORONG SUNGAI DAUN 2	RM 350,000	RM 254	1,378 sqft	Jun 2024	Single Storey Terraced
LORONG. SUNGAI. DAUN 2	RM 425,000	RM 308	1,378 sqft	Jun 2024	Double Storey Terraced