TAMAN NIBONG TEBAL

Area Intelligence
Median Price
RM 280,000
PSF: RM 157

Residential PSF Trends

Median Price

RM 280,000

PSF: RM 157

Commercial PSF Trends

Median Price

RM 375,000

RM 306 PSF

TAMAN NIBONG TEBAL in Seberang Perai Selatan, Penang recorded 9 subsale transactions between 2021 and 2025, with a median price of RM 280K and a median price per square foot (PSF) of RM 157.

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 250K to RM 329K, and a typical market range of RM 250K to RM 314K.

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

Price per square foot shows a median of RM 157, though individual units vary from RM 105 to RM 209 in the core range. The broader market spans RM 137.75 to RM 176.25, indicating diverse property characteristics. A wider spread (IQR: RM 38.50) and deviation (MAD: RM 52) indicate significant PSF variations, likely due to diverse property types or conditions.

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

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Transactions

9 transactions grouped by size

1,250 sqft
Double Storey Shop
RM 375,000
JALAN OOI KAR SENG
1,227 sqft · RM 306 PSF
1,500 sqft
Single Storey Terraced
RM 285,000
PEKELILING KENARI
1,496 sqft · RM 190 PSF
1,600 sqft
Single Storey Terraced
RM 280,000
JALAN BAYAN KECHIL
1,604 sqft · RM 175 PSF
RM 250,000
LENGKOK BAYAN
1,604 sqft · RM 156 PSF
RM 280,000
JALAN BAYAN KECIL
1,604 sqft · RM 175 PSF
RM 250,000
JALAN BAYAN KECHIL
1,604 sqft · RM 156 PSF
1,800 sqft
Double Storey Terraced
RM 280,000
JALAN VICTORIA
1,787 sqft · RM 157 PSF
2,900 sqft
Single Storey Semi-D
RM 400,000
LENGKOK BAYAN
2,885 sqft · RM 139 PSF
RM 300,000
LENGKOK BAYAN
2,885 sqft · RM 104 PSF

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There are currently no properties listed for sale in this area.

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