Taman Belatuk

14300 Nibong Tebal, Pulau Pinang, Malaysia

Property Transactions

4 subsales grouped by size

Median
RM 384,000
PSF
RM 186
Price Size
Period
transactions middle 50% (P25–P75)
1,400 sqft
Terrace
RM 295,000
Lorong. Belatuk 4
1,399 sqft · RM 211 PSF
2,400 sqft
2-Sty Shop
RM 485,000
Medan Belatuk
2,422 sqft · RM 200 PSF
RM 418,000
Medan Belatuk
2,422 sqft · RM 173 PSF
2,700 sqft
Semi-D
RM 350,000
Lorong Belatuk 5
2,723 sqft · RM 129 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM 322,500

RM 170 psf

Median transaction price

Taman Belatuk
© OpenStreetMap · CARTO

Taman Belatuk, 14300 Nibong Tebal, Pulau Pinang, Malaysia

Maps

Taman Belatuk in Seberang Perai Selatan, Penang recorded 4 subsale transactions in 2022, with a median price of RM 384K and a median price per square foot (PSF) of RM 186.

This area contains both residential and commercial properties. View 8 residential properties or 5 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 384K, with most transactions falling within a stable range of RM 313K to RM 455K, and a typical market range of RM 348K to RM 420K.

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

The median PSF stands at RM 186, with core pricing between RM 155 and RM 218. Market pricing typically extends from RM 134.43 to RM 238.43, reflecting moderate variation in unit pricing. The spread of RM 104.00 (IQR) and deviation of RM 32 (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.