Taman Ilmu
14300 Nibong Tebal, Pulau Pinang, Malaysia
14300 Nibong Tebal, Pulau Pinang, Malaysia
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2025 | |||||
|
Jalan Ilmu 2
|
RM 500,000
|
RM 534
|
936 sqft
|
|
2-Sty Terrace |
|
Lorong Ilmu 10
|
RM 350,000
|
RM 374
|
936 sqft
|
|
2-Sty Terrace |
| 2024 | |||||
|
Lorong Ilmu 18
|
RM 430,000
|
RM 459
|
936 sqft
|
|
2-Sty Terrace |
| 2023 | |||||
|
Lorong Ilmu 12
|
RM 500,000
|
RM 534
|
936 sqft
|
|
2-Sty Terrace |
|
Lorong Ilmu 12
|
RM 350,000
|
RM 374
|
936 sqft
|
|
2-Sty Terrace |
|
Lorong Ilmu 12
|
RM 350,000
|
RM 374
|
936 sqft
|
|
2-Sty Terrace |
|
Jalan Ilmu 2
|
RM 315,000
|
RM 336
|
936 sqft
|
|
2-Sty Terrace |
| 2022 | |||||
|
Lorong Ilmu 10
|
RM 340,000
|
RM 363
|
936 sqft
|
|
2-Sty Terrace |
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Market Snapshot
ResidentialRM 350,000
RM 374 psfMedian transaction price
Taman Ilmu, 14300 Nibong Tebal, Pulau Pinang, Malaysia
MapsTaman Ilmu in Seberang Perai Selatan, Penang recorded 8 subsale transactions between 2021 and 2026, sized between 925 and 974 sqft, with a median price of RM 350K and a median price per square foot (PSF) of RM 374.
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 315K to RM 420K, and a typical market range of RM 315K to RM 427K.
Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.
The median PSF stands at RM 374, with core pricing between RM 299 and RM 448. Market pricing typically extends from RM 333.25 to RM 414.25, reflecting moderate variation in unit pricing. The spread of RM 81.00 (IQR) and deviation of RM 74 (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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.