TAMAN NILAM TANJUNG

Area Intelligence
Median Price
RM 320,000
PSF: RM 242

Residential PSF Trends

Median Price

RM 320,000

PSF: RM 242

TAMAN NILAM TANJUNG in Seberang Perai Selatan, Penang recorded 13 subsale transactions between 2021 and 2025, with a median price of RM 320K and a median price per square foot (PSF) of RM 242.

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 320K, with most transactions falling within a stable range of RM 298K to RM 300K, and a typical market range of RM 295K to RM 300K.

Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.

The median PSF stands at RM 242, with core pricing between RM 216 and RM 268. Market pricing typically extends from RM 225.00 to RM 259.00, reflecting moderate variation in unit pricing. With an IQR of RM 34.00 and MAD of RM 26, 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. 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.

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TAMAN NILAM TANJUNG, Seberang Perai Selatan, Penang

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Transactions

4 transactions grouped by size

1,250 sqft
Single Storey Terraced
RM 300,000
LORONG TANJUNG 3
1,227 sqft · RM 244 PSF
RM 280,000
JALAN TANJUNG 2
1,247 sqft · RM 225 PSF
1,350 sqft
Single Storey Terraced
RM 240,000
LORONG TANJUNG 1/5
1,329 sqft · RM 181 PSF
1,500 sqft
Single Storey Terraced
RM 283,000
LORONG TANJUNG 1/1
1,494 sqft · RM 189 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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