Taman Ipil Permai
Jalan Teluk Ipil, 14300 Nibong Tebal, Pulau Pinang, Malaysia
Jalan Teluk Ipil, 14300 Nibong Tebal, Pulau Pinang, Malaysia
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Market Snapshot
ResidentialRM 293,000
RM 222 psfMedian transaction price
Jalan Teluk Ipil, 14300 Nibong Tebal, Pulau Pinang, Malaysia
MapsTaman Ipil Permai in Seberang Perai Selatan, Penang recorded 0 subsale transactions in 2021, with a median price of RM 293K and a median price per square foot (PSF) of RM 222.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 293K, with most transactions falling within a stable range of RM 266K to RM 320K, and a typical market range of RM 258K to RM 328K.
Most transactions involved 1 - 1 1/2 storey terraced, with minimal variety in property types.
For price per square foot, the median is RM 222, with most transactions between RM 203 and RM 241. The usual range is RM 204.50 to RM 239.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 35.00 and an average deviation (MAD) of RM 19 indicate a highly stable PSF trend across properties.
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.