Taman Nilam Tanjung
14100 Simpang Ampat, Pulau Pinang, Malaysia
14100 Simpang Ampat, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Lorong Tanjung 1/1
|
RM 320,000
|
RM 214
|
1,494 sqft
|
|
|
|
Lorong Tanjung 1/1
|
RM 283,000
|
RM 189
|
1,494 sqft
|
|
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Market Snapshot
ResidentialRM 301,500
RM 202 psfMedian transaction price
Taman Nilam Tanjung, 14100 Simpang Ampat, Pulau Pinang, Malaysia
MapsTaman Nilam Tanjung in Seberang Perai Selatan, Penang recorded 2 subsale transactions in 2021, with a median price of RM 302K and a median price per square foot (PSF) of RM 202.
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 302K, with most transactions falling within a stable range of RM 283K to RM 320K, and a typical market range of RM 283K to RM 320K.
Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.
For price per square foot, the median is RM 202, with most transactions between RM 189 and RM 214. The usual range is RM 184.85 to RM 218.85, 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 12 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.