TAMAN NIBONG TEBAL JAYA

TAMAN NIBONG TEBAL JAYA in Seberang Perai Selatan, Penang recorded 6 Double Storey Terraced properties subsale transactions between 2021 and 2025 for double storey terraced properties, with a median price of RM 385K and a median price per square foot (PSF) of RM 280.

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 385K, with most transactions falling within a stable range of RM 337K to RM 425K, and a typical market range of RM 300K to RM 425K.

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

The median PSF stands at RM 280, with core pricing between RM 246 and RM 313. Market pricing typically extends from RM 226.75 to RM 332.25, reflecting moderate variation in unit pricing. With an IQR of RM 105.50 and MAD of RM 33, 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.