Taman Nibong Tebal

Taman Nibong Tebal in Seberang Perai Selatan, Penang recorded 4 Single Storey Semi-D properties subsale transactions between 2021 and 2026, with a median price of RM 360K and a median price per square foot (PSF) of RM 119.

This area contains both residential and commercial properties. View 8 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 360K, with most transactions falling within a stable range of RM 300K to RM 495K, and a typical market range of RM 313K to RM 408K.

Within the Single Storey Semi-D category, 1 - 1 1/2 storey terraced dominated the market, with high diversity across multiple property types.

Price per square foot shows a median of RM 119, though individual units vary from RM 93 to RM 145 in the core range. The broader market spans RM 93.61 to RM 144.61, indicating diverse property characteristics. The spread of RM 51.00 (IQR) and deviation of RM 26 (MAD) suggest moderate price variations reflecting different property features.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.