TAMAN NILAM TANJUNG

TAMAN NILAM TANJUNG in Seberang Perai Selatan, Penang recorded 8 subsale transactions in 2023, with a median price of RM 325K and a median price per square foot (PSF) of RM 250.

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 325K, with most transactions falling within a stable range of RM 276K to RM 374K, and a typical market range of RM 300K to RM 350K.

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

The median PSF stands at RM 250, with core pricing between RM 223 and RM 277. Market pricing typically extends from RM 233.00 to RM 267.00, reflecting moderate variation in unit pricing. With an IQR of RM 34.00 and MAD of RM 27, 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.