TAMAN NIBONG TEBAL

TAMAN NIBONG TEBAL in Seberang Perai Selatan, Penang recorded 7 subsale transactions between 2021 and 2025, with a median price of RM 280K and a median price per square foot (PSF) of RM 175.

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 175, with core pricing between RM 156 and RM 194. Market pricing typically extends from RM 155.75 to RM 194.25, 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.