TMN INDUSTRI NIBONG TEBAL

TMN INDUSTRI NIBONG TEBAL in Seberang Perai Selatan, Penang recorded 3 subsale transactions in 2024, 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 460K to RM 784K, and a typical market range of RM 460K to RM 629K.

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

For price per square foot, the median is RM 362, with most transactions between RM 338 and RM 386. The usual range is RM 324.00 to RM 400.00, showing that most units are priced quite close to each other. With an IQR of RM 76.00 and MAD of RM 24, 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.