Taman Industri Nibong Tebal

Nibong Tebal, Penang, Malaysia

Property Transactions

3 subsales grouped by size

Median
RM 560,000
PSF
RM 238
Price Size
Period
transactions middle 50% (P25–P75)
2,350 sqft
Terrace Factory
RM 560,000
Jalan Perindustrian Nibong Tebal 1
2,357 sqft · RM 238 PSF
RM 520,000
Jalan Perindustrian Nibong Tebal 1
2,357 sqft · RM 221 PSF
RM 570,000
Jalan Perindustrian Nibong Tebal 1
2,357 sqft · RM 242 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Commercial

RM 560,000

RM 238 psf

Median transaction price

Taman Industri Nibong Tebal in Seberang Perai Selatan, Penang recorded 3 subsale transactions between 2021 and 2026, with a median price of RM 560K and a median price per square foot (PSF) of RM 238.

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 560K, with most transactions falling within a stable range of RM 538K to RM 570K, and a typical market range of RM 520K to RM 570K.

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

For price per square foot, the median is RM 238, with most transactions between RM 228 and RM 247. The usual range is RM 202.81 to RM 272.31, showing that most units are priced quite close to each other. With an IQR of RM 69.50 and MAD of RM 9, 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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.