TAMAN ILMU

Area Intelligence
2024
Median Price
RM 325,000
PSF: RM 261

Residential PSF Trends

Median Price

RM 325,000

PSF: RM 261

TAMAN ILMU in Seberang Perai Selatan, Penang recorded 8 subsale transactions in 2024, with a median price of RM 325K and a median price per square foot (PSF) of RM 261.

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 325K, with most transactions falling within a stable range of RM 308K to RM 230K, and a typical market range of RM 242K 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 261, with most transactions between RM 240 and RM 282. The usual range is RM 218.13 to RM 303.88, showing that most units are priced quite close to each other. With an IQR of RM 85.75 and MAD of RM 21, 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.

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TAMAN ILMU, Seberang Perai Selatan, Penang

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Transactions

3 transactions found

RM 200,000
LORONG ILMU 3
797 sqft RM 251.00 PSF
RM 230,000
LORONG ILMU 7
797 sqft RM 289.00 PSF
RM 190,000
LORONG ILMU 6
797 sqft RM 239.00 PSF

No Properties For Sale

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

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