TAMAN ILMU Property Investment Analysis

TAMAN ILMU in Seberang Perai Selatan, Penang recorded 19 subsale transactions between 2021 and 2025, with a median price of RM 330K and a median price per square foot (PSF) of RM 251.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 330K, with most transactions falling within a stable range of RM 230K to RM 430K, and a typical market range of RM 238K to RM 423K.

Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.

For price per square foot, the median is RM 251, with most transactions between RM 226 and RM 276. The usual range is RM 222.00 to RM 280.00, showing that most units are priced quite close to each other. With an IQR of RM 58.00 and MAD of RM 25, the PSF demonstrates reasonable consistency across the market.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.