Taman Industri Nibong Tebal
Nibong Tebal, Penang, Malaysia
Nibong Tebal, Penang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Perindustrian Nibong Tebal 1
|
RM 460,000
|
RM 202
|
2,282 sqft
|
|
|
Jalan Perindustrian Nibong Tebal 1
|
RM 560,000
|
RM 238
|
2,357 sqft
|
|
|
|
Jalan Perindustrian Nibong Tebal 1
|
RM 520,000
|
RM 221
|
2,357 sqft
|
|
|
|
Jalan Perindustrian Nibong Tebal 1
|
RM 570,000
|
RM 242
|
2,357 sqft
|
|
|
|
Jalan P'industrian Nt 1
|
RM 530,000
|
RM 225
|
2,357 sqft
|
|
|
|
Jlnn Perindustrian Nibong Tebal 1
|
RM 1,030,000
|
RM 437
|
2,357 sqft
|
|
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Market Snapshot
CommercialRM 545,000
RM 231 psfMedian transaction price
Nibong Tebal, Penang, Malaysia
MapsTaman Industri Nibong Tebal in Seberang Perai Selatan, Penang recorded 6 subsale transactions between 2021 and 2026, with a median price of RM 545K and a median price per square foot (PSF) of RM 231.
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 545K, with most transactions falling within a stable range of RM 460K to RM 735K, and a typical market range of RM 498K to RM 592K.
Most transactions involved terraced factory/warehouse, with minimal variety in property types.
Price per square foot shows a median of RM 231, though individual units vary from RM 151 to RM 311 in the core range. The broader market spans RM 196.45 to RM 265.95, indicating diverse property characteristics. A wider spread (IQR: RM 69.50) and deviation (MAD: RM 80) indicate significant PSF variations, likely due to diverse property types or conditions.
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.