Penang
Seberang Perai Selatan
7
TAMAN ILMU INDAH

TAMAN ILMU INDAH

Area Intelligence

2024

Median Price

RM 515,000

PSF: RM 368

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Residential PSF Trends

Median Price

RM 450,000

PSF: RM 322

Commercial PSF Trends

Median Price

RM 515,000

RM 368 PSF

TAMAN ILMU INDAH in Seberang Perai Selatan, Penang recorded 1 subsale transactions in 2024, with a median price of RM 515K and a median price per square foot (PSF) of RM 368.

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 515K, with most transactions falling within a stable range of RM 467K to RM 563K, and a typical market range of RM 468K to RM 563K.

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

For price per square foot, the median is RM 368, with most transactions between RM 334 and RM 402. The usual range is RM 344.25 to RM 391.75, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 47.50 and an average deviation (MAD) of RM 34 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.

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TAMAN ILMU INDAH, Seberang Perai Selatan, Penang

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