Taman Nibong Tebal Jaya
14300 Nibong Tebal, Pulau Pinang, Malaysia
14300 Nibong Tebal, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 5
|
RM 80,000
|
RM 122
|
657 sqft
|
|
|
|
Level 5
|
RM 78,000
|
RM 119
|
657 sqft
|
|
|
Lorong Sungai Daun 2
|
RM 300,000
|
RM 171
|
1,755 sqft
|
|
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Market Snapshot
ResidentialRM 95,000
RM 137 psfMedian transaction price
Taman Nibong Tebal Jaya, 14300 Nibong Tebal, Pulau Pinang, Malaysia
MapsTaman Nibong Tebal Jaya in Seberang Perai Selatan, Penang recorded 4 subsale transactions in 2023, with a median price of RM 95K and a median price per square foot (PSF) of RM 137.
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 95K, with most transactions falling within a stable range of RM 78K to RM 187K, and a typical market range of RM 78K to RM 230K.
Most transactions involved low-cost flat, with high diversity across multiple property types.
The median PSF stands at RM 137, with core pricing between RM 115 and RM 159. Market pricing typically extends from RM 91.68 to RM 182.68, reflecting moderate variation in unit pricing. The spread of RM 91.00 (IQR) and deviation of RM 22 (MAD) suggest moderate price variations reflecting different property features.
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.