Taman Industri Nibong Tebal

Nibong Tebal, Penang, Malaysia

Property Transactions

10 subsales found

Median
RM 545,000
PSF
RM 238
Period
transactions middle 50% (P25–P75)
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
RM 530,000
Jalan P'industrian Nt 1
2,357 sqft RM 225 PSF
RM 1,030,000
Jlnn Perindustrian Nibong Tebal 1
2,357 sqft RM 437 PSF
RM 460,000
Jalan Perindustrian Nibong Tebal 1
2,282 sqft RM 202 PSF
RM 630,000
Jalan Perindustrian Nibong Tebal 1
2,357 sqft RM 267 PSF
RM 400,000
Jalan Perindustrian Nibong Tebal 1
2,357 sqft RM 170 PSF
RM 750,000
Jalan Perindustrian Nibong Tebal 1
2,357 sqft RM 318 PSF
RM 525,000
Jalan Perindustrian Nibong Tebal 1
2,357 sqft RM 223 PSF
10
transactions

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Market Snapshot

Commercial

RM 545,000

RM 395 psf

Median transaction price

Taman 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.