Taman Industri Nibong Tebal
Nibong Tebal, Penang, Malaysia
Nibong Tebal, Penang, Malaysia
| Price | PSF | Size | Date | Type |
|---|
|
RM 560,000
|
RM 238
|
2,357 sqft
|
|
|
|
RM 520,000
|
RM 221
|
2,357 sqft
|
|
|
|
RM 570,000
|
RM 242
|
2,357 sqft
|
|
|
|
RM 460,000
|
RM 202
|
2,282 sqft
|
|
|
|
RM 630,000
|
RM 267
|
2,357 sqft
|
|
|
|
RM 400,000
|
RM 170
|
2,357 sqft
|
|
|
|
RM 750,000
|
RM 318
|
2,357 sqft
|
|
|
|
RM 525,000
|
RM 223
|
2,357 sqft
|
|
|
RM 530,000
|
RM 225
|
2,357 sqft
|
|
|
RM 1,030,000
|
RM 437
|
2,357 sqft
|
|
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Market Snapshot
CommercialRM 545,000
RM 395 psfMedian transaction price
Nibong Tebal, Penang, Malaysia
MapsTaman Industri Nibong Tebal in Seberang Perai Selatan, Penang recorded 10 subsale transactions between 2021 and 2026, with a median price of RM 545K 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 545K, with most transactions falling within a stable range of RM 490K to RM 600K, and a typical market range of RM 498K to RM 592K.
Most transactions involved terraced factory/warehouse, with minimal variety in property types.
The median PSF stands at RM 238, with core pricing between RM 203 and RM 272. Market pricing typically extends from RM 202.81 to RM 272.31, reflecting moderate variation in unit pricing. With an IQR of RM 69.50 and MAD of RM 35, 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.