Area Intelligence

TMN NIBONG TEBAL JAYA

12 properties
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Median Price
RM 82,500
PSF: RM 126

Residential Market

Median Price

RM 82,500

IQR: RM 102
MAD: RM 54
RM 126 PSF 2.7%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 480,000

IQR: RM 60
MAD: RM 60
RM 230 PSF

PSF Trends (2021-2025)

TMN NIBONG TEBAL JAYA in Seberang Perai Selatan, Penang recorded 12 subsale transactions between 2021 and 2025, with a median price of RM 83K and a median price per square foot (PSF) of RM 126.

This area contains both residential and commercial properties. View 23 residential properties or 2 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 83K, with most transactions falling within a stable range of RM 58K to RM 107K, and a typical market range of RM 58K to RM 130K.

Most transactions involved low-cost flat, with high diversity across multiple property types.

Price per square foot shows a median of RM 126, though individual units vary from RM 89 to RM 162 in the core range. The broader market spans RM 74.00 to RM 177.00, indicating diverse property characteristics. A wider spread (IQR: RM 103.00) and deviation (MAD: RM 37) indicate significant PSF variations, likely due to diverse property types or conditions.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TMN NIBONG TEBAL JAYA, Seberang Perai Selatan, Penang

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Transactions

12 properties grouped by size

650 sqft
12 units (showing 6) Low-Cost Flat
RM 65,000
657 sqft · RM 99.00 PSF
Oct 2024
RM 120,000
657 sqft · RM 183.00 PSF
Aug 2024
RM 85,000
657 sqft · RM 129.00 PSF
Jun 2024
RM 130,000
657 sqft · RM 198.00 PSF
Apr 2024
RM 58,000
657 sqft · RM 88.00 PSF
Feb 2024
RM 130,000
657 sqft · RM 198.00 PSF
Feb 2024