TAMAN NIBONG TEBAL in Seberang Perai Selatan, Penang recorded 4 subsale transactions between 2021 and 2025, with a median price of RM 360K and a median price per square foot (PSF) of RM 119.
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. The median price is RM 360K, with most transactions falling within a stable range of RM 325K to RM 395K, and a typical market range of RM 326K to RM 394K.
Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.
The median PSF stands at RM 119, with core pricing between RM 100 and RM 138. Market pricing typically extends from RM 99.75 to RM 138.25, reflecting moderate variation in unit pricing. The spread of RM 38.50 (IQR) and deviation of RM 19 (MAD) suggest moderate price variations reflecting different property features.
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.
