TAMAN NIBONG TEBAL JAYA

TAMAN NIBONG TEBAL JAYA in Seberang Perai Selatan, Penang recorded 2 Double Storey Shop properties subsale transactions between 2021 and 2025 for double storey shop properties, with a median price of RM 480K and a median price per square foot (PSF) of RM 230.

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 480K, with most transactions falling within a stable range of RM 400K to RM 560K, and a typical market range of RM 400K to RM 560K.

Within the Double Storey Shop category, low-cost flat dominated the market, with high diversity across multiple property types.

Price per square foot shows a median of RM 230, though individual units vary from RM 170 to RM 290 in the core range. The broader market spans RM 177.25 to RM 282.75, indicating diverse property characteristics. A wider spread (IQR: RM 105.50) and deviation (MAD: RM 60) indicate significant PSF variations, likely due to diverse property types or conditions.

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.