Taman Nilam Tanjung
14100 Simpang Ampat, Pulau Pinang, Malaysia
14100 Simpang Ampat, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Lorong Tanjung 1/2
|
RM 400,000
|
RM 307
|
1,302 sqft
|
|
|
|
Lorong Tanjung 1/2
|
RM 365,000
|
RM 280
|
1,302 sqft
|
|
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Market Snapshot
ResidentialRM 382,500
RM 294 psfMedian transaction price
Taman Nilam Tanjung, 14100 Simpang Ampat, Pulau Pinang, Malaysia
MapsTaman Nilam Tanjung in Seberang Perai Selatan, Penang recorded 2 Double Storey Terraced properties subsale transactions between 2021 and 2026, with a median price of RM 383K and a median price per square foot (PSF) of RM 294.
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 383K, with most transactions falling within a stable range of RM 365K to RM 400K, and a typical market range of RM 365K to RM 400K.
Within the Double Storey Terraced category, 1 - 1 1/2 storey terraced dominated the market, though some variety exists in the market.
For price per square foot, the median is RM 294, with most transactions between RM 280 and RM 307. The usual range is RM 276.68 to RM 310.68, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 34.00 and an average deviation (MAD) of RM 13 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.