Taman Ipil Permai

Jalan Teluk Ipil, 14300 Nibong Tebal, Pulau Pinang, Malaysia

Property Transactions

2 subsales grouped by size

Median
RM 270,000
PSF
RM 222
Price Size
Period
transactions middle 50% (P25–P75)
1,200 sqft
Terrace
RM 270,000
Jalan Permai 2
1,216 sqft · RM 222 PSF
RM 270,000
Jalan Permai 3
1,216 sqft · RM 222 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM 270,000

RM 222 psf

Median transaction price

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Jalan Teluk Ipil, 14300 Nibong Tebal, Pulau Pinang, Malaysia

Maps

Taman Ipil Permai in Seberang Perai Selatan, Penang recorded 2 subsale transactions in 2023, with a median price of RM 270K 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.

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 222 and RM 222. The usual range is RM 204.48 to RM 239.48, 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 0 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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.