Taman Ilmu Indah

P146, 14300 Nibong Tebal, Pulau Pinang, Malaysia

Property Transactions

2 subsales grouped by size

Median
RM 551,500
PSF
RM 207
Price Size
Period
transactions middle 50% (P25–P75)
2,650 sqft
2-Sty Shop
RM 515,000
Lorong Ilmu Indah 1
2,659 sqft · RM 194 PSF
RM 588,000
Lorong Ilmu Indah 1
2,659 sqft · RM 221 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM 450,000

RM 322 psf

Median transaction price

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P146, 14300 Nibong Tebal, Pulau Pinang, Malaysia

Maps

Taman Ilmu Indah in Seberang Perai Selatan, Penang recorded 2 Double Storey Shop properties subsale transactions between 2021 and 2026, with a median price of RM 552K and a median price per square foot (PSF) of RM 207.

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 552K, with most transactions falling within a stable range of RM 515K to RM 588K, and a typical market range of RM 515K to RM 588K.

Within the Double Storey Shop category, 2 - 2 1/2 storey terraced dominated the market, though some variety exists in the market.

For price per square foot, the median is RM 207, with most transactions between RM 194 and RM 221. The usual range is RM 183.68 to RM 231.18, 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 14 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.