Taman Nibong Tebal
14300 Nibong Tebal, Pulau Pinang, Malaysia
14300 Nibong Tebal, Pulau Pinang, Malaysia
Property Type
| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Bayan Kechil
|
RM 280,000
|
RM 175
|
1,604 sqft
|
|
|
|
Lengkok Bayan
|
RM 250,000
|
RM 156
|
1,604 sqft
|
|
|
|
Jalan Bayan Kecil
|
RM 280,000
|
RM 175
|
1,604 sqft
|
|
|
Lengkok Bayan
|
RM 400,000
|
RM 139
|
2,885 sqft
|
|
|
|
Lengkok Bayan
|
RM 300,000
|
RM 104
|
2,885 sqft
|
|
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Market Snapshot
ResidentialRM 280,000
RM 156 psfMedian transaction price
Taman Nibong Tebal, 14300 Nibong Tebal, Pulau Pinang, Malaysia
MapsTaman Nibong Tebal in Seberang Perai Selatan, Penang recorded 5 subsale transactions in 2023, with a median price of RM 280K and a median price per square foot (PSF) of RM 156.
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 280K, with most transactions falling within a stable range of RM 250K to RM 332K, and a typical market range of RM 250K to RM 328K.
Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.
The median PSF stands at RM 156, with core pricing between RM 129 and RM 182. Market pricing typically extends from RM 130.38 to RM 181.38, reflecting moderate variation in unit pricing. The spread of RM 51.00 (IQR) and deviation of RM 26 (MAD) suggest moderate price variations reflecting different property features.
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.