Area Intelligence

TMN NIBONG TEBAL

11 properties
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Median Price
RM 285,000
PSF: RM 156

Residential Market

Median Price

RM 280,000

IQR: RM 19
MAD: RM 10
RM 166 PSF 11.5%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 375,000

RM 306 PSF

PSF Trends (2021-2025)

TMN NIBONG TEBAL in Seberang Perai Selatan, Penang recorded 11 subsale transactions between 2021 and 2025, with a median price of RM 285K and a median price per square foot (PSF) of RM 156.

This area contains both residential and commercial properties. View 6 residential properties or 1 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 285K, with most transactions falling within a stable range of RM 250K to RM 320K, and a typical market range of RM 251K to RM 319K.

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

The median PSF stands at RM 156, with core pricing between RM 137 and RM 175. Market pricing typically extends from RM 136.75 to RM 175.25, reflecting moderate variation in unit pricing. With an IQR of RM 38.50 and MAD of RM 19, the PSF demonstrates reasonable consistency across the market.

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.

Area Location

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TMN NIBONG TEBAL, Seberang Perai Selatan, Penang

OSM

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Transactions

11 properties grouped by size

1,250 sqft
1 units Double Storey Shop
RM 375,000
JLN OOI KAR SENG
1,227 sqft · RM 306.00 PSF
Oct 2024
1,500 sqft
1 units Single Storey Terraced
RM 285,000
PEKELILING KENARI
1,496 sqft · RM 190.00 PSF
Jun 2022
1,600 sqft
4 units Single Storey Terraced
RM 280,000
JLN BAYAN KECHIL
1,604 sqft · RM 175.00 PSF
Jul 2023
RM 250,000
LENGKOK BAYAN
1,604 sqft · RM 156.00 PSF
May 2023
RM 280,000
JALAN BAYAN KECIL
1,604 sqft · RM 175.00 PSF
Mar 2023
RM 250,000
JLN BAYAN KECHIL
1,604 sqft · RM 156.00 PSF
Sep 2022
1,800 sqft
1 units Double Storey Terraced
RM 280,000
JALAN VICTORIA
1,787 sqft · RM 157.00 PSF
Feb 2022
2,900 sqft
2 units Single Storey Semi-D
RM 400,000
LENGKOK BAYAN
2,885 sqft · RM 139.00 PSF
Dec 2023
RM 300,000
LENGKOK BAYAN
2,885 sqft · RM 104.00 PSF
Oct 2023
4,250 sqft
1 units Single Storey Semi-D
RM 320,000
LENGKOK BAYAN
4,273 sqft · RM 75.00 PSF
Mar 2022
4,750 sqft
1 units Single Storey Semi-D
RM 640,000
LENGKOK BAYAN
4,768 sqft · RM 134.00 PSF
Aug 2024