TAMAN ILMU

TAMAN ILMU in Seberang Perai Selatan, Penang recorded 1 subsale transactions in 2022, with a median price of RM 170K and a median price per square foot (PSF) of RM 213.

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 170K, with most transactions falling within a stable range of RM 85K to RM 256K, and a typical market range of RM 87K to RM 253K.

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

The median PSF stands at RM 213, with core pricing between RM 171 and RM 255. Market pricing typically extends from RM 170.13 to RM 255.88, reflecting moderate variation in unit pricing. The spread of RM 85.75 (IQR) and deviation of RM 42 (MAD) suggest moderate price variations reflecting different property features.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.