TAMAN NIBONG TEBAL

Area Intelligence
2022
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 3 subsale transactions in 2022, 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 265K to RM 285K, and a typical market range of RM 250K to RM 285K.

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

The median PSF stands at RM 157, with core pricing between RM 141 and RM 173. Market pricing typically extends from RM 137.75 to RM 176.25, reflecting moderate variation in unit pricing. With an IQR of RM 38.50 and MAD of RM 16, 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

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Transactions

3 transactions grouped by size

1,500 sqft
Single Storey Terraced
RM 285,000
PEKELILING KENARI
1,496 sqft · RM 190 PSF
1,600 sqft
Single Storey Terraced
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

No Properties For Sale

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

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