TAMAN ILMU

Area Intelligence
2023
Median Price
RM 350,000
PSF: RM 267

Residential PSF Trends

Median Price

RM 350,000

PSF: RM 267

TAMAN ILMU in Seberang Perai Selatan, Penang recorded 8 subsale transactions in 2023, with a median price of RM 350K and a median price per square foot (PSF) of RM 267.

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 350K, with most transactions falling within a stable range of RM 295K to RM 429K, and a typical market range of RM 295K to RM 433K.

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

Price per square foot shows a median of RM 267, though individual units vary from RM 179 to RM 355 in the core range. The broader market spans RM 224.13 to RM 309.88, indicating diverse property characteristics. A wider spread (IQR: RM 85.75) and deviation (MAD: RM 88) indicate significant PSF variations, likely due to diverse property types or conditions.

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.

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TAMAN ILMU, Seberang Perai Selatan, Penang

OSM

Track location

Transactions

8 transactions grouped by size

1,050 sqft
Double Storey Terraced
RM 500,000
LORONG ILMU 12
1,044 sqft · RM 479 PSF
RM 350,000
LORONG ILMU 12
1,044 sqft · RM 335 PSF
RM 315,000
JALAN ILMU 2
1,044 sqft · RM 302 PSF
1,300 sqft
Single Storey Terraced
RM 305,000
LINTANG ILMU 2
1,302 sqft · RM 234 PSF
RM 295,000
LORONG ILMU 1
1,302 sqft · RM 226 PSF
1,700 sqft
Double Storey Terraced
RM 510,000
SOLOK ILMU 3
1,701 sqft · RM 300 PSF
RM 350,000
LORONG ILMU 12
1,690 sqft · RM 207 PSF
1,950 sqft
Single Storey Terraced
RM 370,000
LINTANG ILMU 6
1,948 sqft · RM 190 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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