TAMAN ILMU INDAH

Area Intelligence
2021
Median Price
RM 575,000
PSF: RM 179

Residential PSF Trends

Median Price

RM 575,000

PSF: RM 179

Commercial PSF Trends

Median Price

RM 551,500

RM 394 PSF

TAMAN ILMU INDAH in Seberang Perai Selatan, Penang recorded 1 subsale transactions in 2021, with a median price of RM 575K and a median price per square foot (PSF) of RM 179.

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 575K, with most transactions falling within a stable range of RM 527K to RM 623K, and a typical market range of RM 528K to RM 623K.

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

The median PSF stands at RM 179, with core pricing between RM 145 and RM 213. Market pricing typically extends from RM 155.25 to RM 202.75, reflecting moderate variation in unit pricing. The spread of RM 47.50 (IQR) and deviation of RM 34 (MAD) suggest moderate price variations reflecting different property features.

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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