Taman Nibong Tebal Jaya

14300 Nibong Tebal, Pulau Pinang, Malaysia

Property Transactions

13 subsales grouped by size

Median
RM 85,000
PSF
RM 129
Price Size
Period
transactions middle 50% (P25–P75)
650 sqft
LC Flat
RM 65,000
Level 4
657 sqft · RM 99 PSF
RM 120,000
Level 2
657 sqft · RM 183 PSF
RM 85,000
Level 5
657 sqft · RM 129 PSF
RM 130,000
Level 2
657 sqft · RM 198 PSF
RM 58,000
Level 4
657 sqft · RM 88 PSF
RM 130,000
Level 4
657 sqft · RM 198 PSF
+6 more
700 sqft
LC Flat
RM 110,000
Level 3
721 sqft · RM 153 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM 85,000

RM 129 psf

Median transaction price

Taman Nibong Tebal Jaya
© OpenStreetMap · CARTO

Taman Nibong Tebal Jaya, 14300 Nibong Tebal, Pulau Pinang, Malaysia

Maps

Taman Nibong Tebal Jaya in Seberang Perai Selatan, Penang recorded 13 Low-Cost Flat properties subsale transactions between 2021 and 2026, with a median price of RM 85K and a median price per square foot (PSF) of RM 129.

This area contains both residential and commercial properties. View 26 residential properties or 2 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 85K, with most transactions falling within a stable range of RM 61K to RM 109K, and a typical market range of RM 58K to RM 130K.

Within the Low-Cost Flat category, low-cost flat dominated the market, with high diversity across multiple property types.

Price per square foot shows a median of RM 129, though individual units vary from RM 94 to RM 165 in the core range. The broader market spans RM 83.95 to RM 174.95, indicating diverse property characteristics. A wider spread (IQR: RM 91.00) and deviation (MAD: RM 36) indicate significant PSF variations, likely due to diverse property types or conditions.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.