Penang
Seberang Perai Selatan
11
TAMAN NIBONG TEBAL

TAMAN NIBONG TEBAL

Area Intelligence

2024

Median Price

RM 507,500

PSF: RM 220

Facebook X (Twitter)

Residential PSF Trends

Median Price

RM 640,000

PSF: RM 134

Commercial PSF Trends

Median Price

RM 375,000

RM 306 PSF

TAMAN NIBONG TEBAL in Seberang Perai Selatan, Penang recorded 2 subsale transactions in 2024, with a median price of RM 508K and a median price per square foot (PSF) of RM 220.

This area contains both residential and commercial properties. View 6 residential properties or 1 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat.

Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.

For price per square foot, the median is RM 220, with most transactions between RM 220 and RM 220. The usual range is RM 200.75 to RM 239.25, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 38.50 and an average deviation (MAD) of RM 0 indicate a highly stable PSF trend across properties.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.

Loading map...

TAMAN NIBONG TEBAL, Seberang Perai Selatan, Penang

OSM