Penang
Seberang Perai Selatan
7
TAMAN ILMU INDAH

TAMAN ILMU INDAH

Area Intelligence

2023

Median Price

RM 450,000

PSF: RM 322

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Residential PSF Trends

Median Price

RM 450,000

PSF: RM 322

Commercial PSF Trends

Median Price

RM 551,500

RM 394 PSF

TAMAN ILMU INDAH in Seberang Perai Selatan, Penang recorded 1 subsale transactions in 2023, with a median price of RM 450K 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 450K, with most transactions falling within a stable range of RM 402K to RM 498K, and a typical market range of RM 403K to RM 498K.

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.

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TAMAN ILMU INDAH, Seberang Perai Selatan, Penang

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