Taman Nibong Tebal

Taman Nibong Tebal in Seberang Perai Selatan, Penang recorded 4 subsale transactions in 2022, with a median price of RM 283K and a median price per square foot (PSF) of RM 171.

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 283K, with most transactions falling within a stable range of RM 258K to RM 307K, and a typical market range of RM 250K to RM 320K.

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 171, though individual units vary from RM 125 to RM 217 in the core range. The broader market spans RM 145.34 to RM 196.34, indicating diverse property characteristics. A wider spread (IQR: RM 51.00) and deviation (MAD: RM 46) 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.