TAMAN ILMU INDAH Property Investment Analysis

7, Seberang Perai Selatan, Penang

Median Price
RM 498,000
CAGR
-3.6%
Median PSF
RM 322.00
CAGR
+27.2%
Transactions
7
Period
2021-2024

TAMAN ILMU INDAH in Seberang Perai Selatan, Penang recorded 7 subsale transactions between 2021 and 2025, with a median price of RM 498K and a median price per square foot (PSF) of RM 322.

This area contains both residential and commercial properties. View 5 residential properties or 2 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 498K, with most transactions falling within a stable range of RM 450K to RM 546K, and a typical market range of RM 451K to RM 546K.

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

The median PSF stands at RM 322, with core pricing between RM 288 and RM 356. Market pricing typically extends from RM 298.25 to RM 345.75, reflecting moderate variation in unit pricing. With an IQR of RM 47.50 and MAD of RM 34, 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.

ADVANCED FILTERS

TRANSACTIONS

7 found
2 - 2 1/2 Storey Shop
LORONG ILMU INDAH 1
RM 515,000
PSF: RM 368.00
Area: 1,400 sqft
Date: May 2024
2 - 2 1/2 Storey Terraced
LORONG ILMU INDAH 3
RM 450,000
PSF: RM 322.00
Area: 1,399 sqft
Date: Mar 2023
2 - 2 1/2 Storey Terraced
LORONG ILMU INDAH 3
RM 498,000
PSF: RM 356.00
Area: 1,399 sqft
Date: Dec 2022
2 - 2 1/2 Storey Terraced
LORONG ILMU INDAH 2
RM 430,000
PSF: RM 307.00
Area: 1,399 sqft
Date: Oct 2022
2 - 2 1/2 Storey Shop
LORONG ILMU INDAH 1
RM 588,000
PSF: RM 420.00
Area: 1,399 sqft
Date: Jul 2022
2 - 2 1/2 Storey Terraced
LORONG ILMU INDAH 2
RM 450,000
PSF: RM 322.00
Area: 1,399 sqft
Date: Jun 2022
2 - 2 1/2 Storey Terraced
LORONG ILMU INDAH 2
RM 575,000
PSF: RM 179.00
Area: 3,218 sqft
Date: Nov 2021