Taman Minamah
14300 Nibong Tebal, Pulau Pinang, Malaysia
14300 Nibong Tebal, Pulau Pinang, Malaysia
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2025 | |||||
|
Jalan. Bangau 1
|
RM 380,000
|
RM 82
|
4,618 sqft
|
|
Semi-D |
| 2024 | |||||
|
Jalan Bangau 2
|
RM 380,000
|
RM 126
|
3,010 sqft
|
|
Semi-D |
|
Jalan Bangau Satu
|
RM 315,000
|
RM 105
|
3,010 sqft
|
|
Semi-D |
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Taman Minamah, 14300 Nibong Tebal, Pulau Pinang, Malaysia
MapsTaman Minamah in Seberang Perai Selatan, Penang recorded 3 subsale transactions between 2021 and 2026, sized between 3,000 and 5,000 sqft, with a median price of RM 380K and a median price per square foot (PSF) of RM 105.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 380K, with most transactions falling within a stable range of RM 349K to RM 380K, and a typical market range of RM 315K to RM 380K.
Most transactions involved 1 - 1 1/2 storey semi-detached, with minimal variety in property types.
The median PSF stands at RM 105, with core pricing between RM 87 and RM 123. Market pricing typically extends from RM 87.90 to RM 121.40, reflecting moderate variation in unit pricing. The spread of RM 33.50 (IQR) and deviation of RM 18 (MAD) suggest moderate price variations reflecting different property features.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.