Penang
Seberang Perai Selatan
11
TAMAN NIBONG TEBAL

TAMAN NIBONG TEBAL

Area Intelligence

2023

Median Price

RM 280,000

PSF: RM 156

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Residential PSF Trends

Median Price

RM 280,000

PSF: RM 156

Commercial PSF Trends

Median Price

RM 375,000

RM 306 PSF

TAMAN NIBONG TEBAL in Seberang Perai Selatan, Penang recorded 5 subsale transactions in 2023, with a median price of RM 280K and a median price per square foot (PSF) of RM 156.

This area contains both residential and commercial properties. View 6 residential properties or 1 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 280K, with most transactions falling within a stable range of RM 262K to RM 298K, and a typical market range of RM 250K to RM 300K.

Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.

The median PSF stands at RM 156, with core pricing between RM 127 and RM 185. Market pricing typically extends from RM 136.75 to RM 175.25, reflecting moderate variation in unit pricing. The spread of RM 38.50 (IQR) and deviation of RM 29 (MAD) suggest moderate price variations reflecting different property features.

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.

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TAMAN NIBONG TEBAL, Seberang Perai Selatan, Penang

OSM

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Transactions

4 transactions found

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

Custom Range

Min Price (RM)

Max Price (RM)

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Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

Custom Range

Min Size (sqft)

Max Size (sqft)

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RM 300,000

LENGKOK BAYAN

2,885 sqft • RM 104.00 PSF

Oct 2023

RM 280,000

JALAN BAYAN KECHIL

1,604 sqft • RM 175.00 PSF

Jul 2023

RM 250,000

LENGKOK BAYAN

1,604 sqft • RM 156.00 PSF

May 2023

RM 280,000

JALAN BAYAN KECIL

1,604 sqft • RM 175.00 PSF

Mar 2023

Road	Price	Land PSF	Land	Date	Type
LENGKOK BAYAN	RM 300,000	RM 104.00	2,885 sqft	Oct 2023	Single Storey Semi-D
JALAN BAYAN KECHIL	RM 280,000	RM 175.00	1,604 sqft	Jul 2023	Single Storey Terraced
LENGKOK BAYAN	RM 250,000	RM 156.00	1,604 sqft	May 2023	Single Storey Terraced
JALAN BAYAN KECIL	RM 280,000	RM 175.00	1,604 sqft	Mar 2023	Single Storey Terraced