Penang
Seberang Perai Selatan
11
TAMAN NIBONG TEBAL

TAMAN NIBONG TEBAL

Area Intelligence

Double Storey Shop

Median Price

RM 375,000

PSF: RM 306

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Residential PSF Trends

Median Price

RM 280,000

PSF: RM 166

Commercial PSF Trends

Median Price

RM 375,000

RM 306 PSF

TAMAN NIBONG TEBAL in Seberang Perai Selatan, Penang recorded 1 Double Storey Shop properties subsale transactions between 2021 and 2025 for double storey shop properties, with a median price of RM 375K and a median price per square foot (PSF) of RM 306.

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.

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

For price per square foot, the median is RM 306, with most transactions between RM 306 and RM 306. The usual range is RM 286.75 to RM 325.25, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 38.50 and an average deviation (MAD) of RM 0 indicate a highly stable PSF trend across properties.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN NIBONG TEBAL, Seberang Perai Selatan, Penang

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