TMN INDUSTRI NIBONG TEBAL Property Investment Analysis

11, Seberang Perai Selatan, Penang

Median Price
RM 530,000
CAGR
-4.2%
Median PSF
RM 362.00
CAGR
+1.8%
Transactions
7
Period
2022-2024

TMN INDUSTRI NIBONG TEBAL in Seberang Perai Selatan, Penang recorded 7 subsale transactions between 2021 and 2025, with a median price of RM 530K and a median price per square foot (PSF) of RM 362.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 530K, with most transactions falling within a stable range of RM 430K to RM 630K, and a typical market range of RM 431K to RM 629K.

Most transactions involved terraced factory/warehouse, with minimal variety in property types.

The median PSF stands at RM 362, with core pricing between RM 324 and RM 400. Market pricing typically extends from RM 324.00 to RM 400.00, reflecting moderate variation in unit pricing. With an IQR of RM 76.00 and MAD of RM 38, 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.

ADVANCED FILTERS

TRANSACTIONS

7 found
Terraced Factory/Warehouse
JLN P'INDUSTRIAN NT 1
RM 530,000
PSF: RM 400.00
Area: 1,324 sqft
Date: Aug 2024
Terraced Factory/Warehouse
JLNN PERINDUSTRIAN NIBONG TEBAL 1
RM 1,030,000
PSF: RM 343.00
Area: 3,003 sqft
Date: Aug 2024
Terraced Factory/Warehouse
JLN PERINDUSTRIAN NIBONG TEBAL 1
RM 460,000
PSF: RM 362.00
Area: 1,270 sqft
Date: Jun 2024
Terraced Factory/Warehouse
JLN PERINDUSTRIAN NIBONG TEBAL 1
RM 630,000
PSF: RM 476.00
Area: 1,324 sqft
Date: Dec 2022
Terraced Factory/Warehouse
JLN PERINDUSTRIAN NIBONG TEBAL 1
RM 400,000
PSF: RM 302.00
Area: 1,324 sqft
Date: Jun 2022
Terraced Factory/Warehouse
JLN PERINDUSTRIAN NIBONG TEBAL 1
RM 750,000
PSF: RM 250.00
Area: 3,003 sqft
Date: Apr 2022
Terraced Factory/Warehouse
JLN PERINDUSTRIAN NIBONG TEBAL 1
RM 525,000
PSF: RM 397.00
Area: 1,324 sqft
Date: Mar 2022