Taman Ilmu
14300 Nibong Tebal, Pulau Pinang, Malaysia
14300 Nibong Tebal, Pulau Pinang, Malaysia
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2023 | |||||
|
Lorong Ilmu 9
|
RM 200,000
|
RM 251
|
797 sqft
|
|
Cluster |
|
Lintang Ilmu 8
|
RM 800,000
|
RM 177
|
4,521 sqft
|
|
Bungalow |
|
Lintang Ilmu 2
|
RM 305,000
|
RM 234
|
1,302 sqft
|
|
Terrace |
|
Solok Ilmu 3
|
RM 510,000
|
RM 282
|
1,808 sqft
|
|
2-Sty Terrace |
|
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 5
|
RM 200,000
|
RM 251
|
797 sqft
|
|
Cluster |
|
Lorong Ilmu 4
|
RM 190,000
|
RM 239
|
797 sqft
|
|
Cluster |
|
Lintang Ilmu 6
|
RM 370,000
|
RM 190
|
1,948 sqft
|
|
Terrace |
|
Lorong Ilmu 1
|
RM 295,000
|
RM 226
|
1,302 sqft
|
|
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 |
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Market Snapshot
ResidentialRM 332,500
RM 251 psfMedian transaction price
Taman Ilmu, 14300 Nibong Tebal, Pulau Pinang, Malaysia
MapsTaman Ilmu in Seberang Perai Selatan, Penang recorded 12 subsale transactions in 2023, with a median price of RM 333K 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 333K, with most transactions falling within a stable range of RM 190K to RM 497K, and a typical market range of RM 255K to RM 410K.
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 251, though individual units vary from RM 155 to RM 347 in the core range. The broader market spans RM 210.59 to RM 291.59, indicating diverse property characteristics. A wider spread (IQR: RM 81.00) and deviation (MAD: RM 96) 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.