TMN NIBONG TEBAL Property Investment Analysis

11, Seberang Perai Selatan, Penang

Median Price
RM 285,000
CAGR
+34.0%
Median PSF
RM 156.00
CAGR
+18.6%
Transactions
11
Period
2022-2024

TMN NIBONG TEBAL in Seberang Perai Selatan, Penang recorded 11 subsale transactions between 2021 and 2025, 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.

Most transactions involved 1 - 1 1/2 storey terraced, 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.

ADVANCED FILTERS

TRANSACTIONS

11 found
2 - 2 1/2 Storey Shop
JLN OOI KAR SENG
RM 375,000
PSF: RM 306.00
Area: 1,227 sqft
Date: Oct 2024
1 - 1 1/2 Storey Semi-Detached
LENGKOK BAYAN
RM 640,000
PSF: RM 134.00
Area: 4,768 sqft
Date: Aug 2024
1 - 1 1/2 Storey Semi-Detached
LENGKOK BAYAN
RM 400,000
PSF: RM 139.00
Area: 2,885 sqft
Date: Dec 2023
1 - 1 1/2 Storey Semi-Detached
LENGKOK BAYAN
RM 300,000
PSF: RM 104.00
Area: 2,885 sqft
Date: Oct 2023
1 - 1 1/2 Storey Terraced
JLN BAYAN KECHIL
RM 280,000
PSF: RM 175.00
Area: 1,604 sqft
Date: Jul 2023
1 - 1 1/2 Storey Terraced
LENGKOK BAYAN
RM 250,000
PSF: RM 156.00
Area: 1,604 sqft
Date: May 2023
1 - 1 1/2 Storey Terraced
JALAN BAYAN KECIL
RM 280,000
PSF: RM 175.00
Area: 1,604 sqft
Date: Mar 2023
1 - 1 1/2 Storey Terraced
JLN BAYAN KECHIL
RM 250,000
PSF: RM 156.00
Area: 1,604 sqft
Date: Sep 2022
1 - 1 1/2 Storey Terraced
PEKELILING KENARI
RM 285,000
PSF: RM 190.00
Area: 1,496 sqft
Date: Jun 2022
1 - 1 1/2 Storey Semi-Detached
LENGKOK BAYAN
RM 320,000
PSF: RM 75.00
Area: 4,273 sqft
Date: Mar 2022
2 - 2 1/2 Storey Terraced
JALAN VICTORIA
RM 280,000
PSF: RM 157.00
Area: 1,787 sqft
Date: Feb 2022