Area Intelligence

TMN INDUSTRI NIBONG TEBAL

7 properties
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Median Price
RM 530,000
PSF: RM 362

Commercial Market

Median Price

RM 530,000

IQR: RM 76
MAD: RM 38
RM 362 PSF 1.8%

PSF Trends (2021-2025)

TMN INDUSTRI NIBONG TEBAL in Seberang Perai Selatan, Penang recorded 7 subsale transactions between 2021 and 2025, with a median price of RM 530K and a median price per square foot (PSF) of RM 362.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 530K, with most transactions falling within a stable range of RM 430K to RM 630K, and a typical market range of RM 431K to RM 629K.

Most transactions involved terraced factory/warehouse, with minimal variety in property types.

The median PSF stands at RM 362, with core pricing between RM 324 and RM 400. Market pricing typically extends from RM 324.00 to RM 400.00, reflecting moderate variation in unit pricing. With an IQR of RM 76.00 and MAD of RM 38, the PSF demonstrates reasonable consistency across the market.

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.

Area Location

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TMN INDUSTRI NIBONG TEBAL, Seberang Perai Selatan, Penang

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Transactions

7 properties grouped by size

1,250 sqft
1 units Terraced Factory
RM 460,000
JLN PERINDUSTRIAN NIBONG TEBAL 1
1,270 sqft · RM 362.00 PSF
Jun 2024
1,300 sqft
4 units Terraced Factory
RM 530,000
JLN P'INDUSTRIAN NT 1
1,324 sqft · RM 400.00 PSF
Aug 2024
RM 630,000
JLN PERINDUSTRIAN NIBONG TEBAL 1
1,324 sqft · RM 476.00 PSF
Dec 2022
RM 400,000
JLN PERINDUSTRIAN NIBONG TEBAL 1
1,324 sqft · RM 302.00 PSF
Jun 2022
RM 525,000
JLN PERINDUSTRIAN NIBONG TEBAL 1
1,324 sqft · RM 397.00 PSF
Mar 2022
3,000 sqft
2 units Terraced Factory
RM 1,030,000
JLNN PERINDUSTRIAN NIBONG TEBAL 1
3,003 sqft · RM 343.00 PSF
Aug 2024
RM 750,000
JLN PERINDUSTRIAN NIBONG TEBAL 1
3,003 sqft · RM 250.00 PSF
Apr 2022