Taman Nibong Tebal

14300 Nibong Tebal, Pulau Pinang, Malaysia

Property Transactions

2 subsales grouped by size

Median
RM 507,500
PSF
RM 154
Price Size
Period
transactions middle 50% (P25–P75)
2,150 sqft
2-Sty Shop
RM 375,000
Jalan Ooi Kar Seng
2,153 sqft · RM 174 PSF
4,750 sqft
Semi-D
RM 640,000
Lengkok Bayan
4,768 sqft · RM 134 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM 640,000

RM 134 psf

Median transaction price

Taman Nibong Tebal
© OpenStreetMap · CARTO

Taman Nibong Tebal, 14300 Nibong Tebal, Pulau Pinang, Malaysia

Maps

Taman Nibong Tebal in Seberang Perai Selatan, Penang recorded 2 subsale transactions in 2024, with a median price of RM 508K and a median price per square foot (PSF) of RM 154.

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 508K, with most transactions falling within a stable range of RM 375K to RM 640K, and a typical market range of RM 460K to RM 555K.

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

The median PSF stands at RM 154, with core pricing between RM 134 and RM 174. Market pricing typically extends from RM 128.71 to RM 179.71, reflecting moderate variation in unit pricing. With an IQR of RM 51.00 and MAD of RM 20, 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.