TMN NIBONG TEBAL

TMN NIBONG TEBAL in Seberang Perai Selatan, Penang recorded 2 subsale transactions in 2024, with a median price of RM 508K and a median price per square foot (PSF) of RM 220.

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 508K, with most transactions falling within a stable range of RM 375K to RM 640K, and a typical market range of RM 474K to RM 541K.

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

Price per square foot shows a median of RM 220, though individual units vary from RM 134 to RM 306 in the core range. The broader market spans RM 200.75 to RM 239.25, indicating diverse property characteristics. A wider spread (IQR: RM 38.50) and deviation (MAD: RM 86) indicate significant PSF variations, likely due to diverse property types or conditions.

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.