Taman Nibong Tebal Jaya

Taman Nibong Tebal Jaya in Seberang Perai Selatan, Penang recorded 2 subsale transactions in 2021, with a median price of RM 285K and a median price per square foot (PSF) of RM 182.

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 285K, with most transactions falling within a stable range of RM 250K to RM 320K, and a typical market range of RM 250K to RM 320K.

Most transactions involved low-cost flat, with high diversity across multiple property types.

For price per square foot, the median is RM 182, with most transactions between RM 181 and RM 182. The usual range is RM 136.42 to RM 227.42, showing that most units are priced quite close to each other. With an IQR of RM 91.00 and MAD of RM 0, the PSF demonstrates reasonable consistency across the market.

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.