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 found

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