TAMAN NIBONG TEBAL in Seberang Perai Selatan, Penang recorded 0 3-Storey Shop properties subsale transactions between 2021 and 2025 for 3-storey shop properties, with a median price of RM 285K and a median price per square foot (PSF) of RM 156.
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 285K, with most transactions falling within a stable range of RM 250K to RM 320K, and a typical market range of RM 251K to RM 319K.
Within the 3-Storey Shop category, 1 - 1 1/2 storey terraced dominated the market, with high diversity across multiple property types.
The median PSF stands at RM 156, with core pricing between RM 137 and RM 175. Market pricing typically extends from RM 136.75 to RM 175.25, reflecting moderate variation in unit pricing. With an IQR of RM 38.50 and MAD of RM 19, the PSF demonstrates reasonable consistency across the market.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.
