TAMAN ILMU in Seberang Perai Selatan, Penang recorded 8 subsale transactions between 2021 and 2025, with a median price of RM 200K 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 200K, with most transactions falling within a stable range of RM 181K to RM 219K, and a typical market range of RM 170K to RM 230K.
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 227 and RM 275. The usual range is RM 208.13 to RM 293.88, showing that most units are priced quite close to each other. With an IQR of RM 85.75 and MAD of RM 24, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.
