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 245K to RM 315K, and a typical market range of RM 246K to RM 314K.

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 137 and RM 175. Market pricing typically extends from RM 136.75 to RM 175.25, reflecting moderate variation in unit pricing. With an IQR of RM 38.50 and MAD of RM 19, 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.

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TAMAN NIBONG TEBAL, Seberang Perai Selatan, Penang

OSM

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Transactions

4 transactions grouped by size

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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Road	Price	Land PSF	Land	Date	Type

1,600 sqft

Single Storey Terraced

1,600 sqft

Single Storey Terraced

RM 280,000

JALAN BAYAN KECHIL

1,604 sqft · RM 175 PSF

Jul 2023

RM 250,000

LENGKOK BAYAN

1,604 sqft · RM 156 PSF

May 2023

RM 280,000

JALAN BAYAN KECIL

1,604 sqft · RM 175 PSF

Mar 2023

JALAN BAYAN KECHIL	RM 280,000	RM 175	1,604 sqft	Jul 2023
LENGKOK BAYAN	RM 250,000	RM 156	1,604 sqft	May 2023
JALAN BAYAN KECIL	RM 280,000	RM 175	1,604 sqft	Mar 2023