Taman Ilmu
14300 Nibong Tebal, Pulau Pinang, Malaysia
14300 Nibong Tebal, Pulau Pinang, Malaysia
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2024 | |||||
|
Solok Ilmu 5
|
RM 490,000
|
RM 301
|
1,625 sqft
|
|
2-Sty Terrace |
|
Lorong Ilmu 3
|
RM 200,000
|
RM 251
|
797 sqft
|
|
Cluster |
|
Lintang Ilmu 4
|
RM 330,000
|
RM 253
|
1,302 sqft
|
|
Terrace |
|
Lintang Ilmu 4
|
RM 320,000
|
RM 246
|
1,302 sqft
|
|
Terrace |
|
Lorong Ilmu 7
|
RM 230,000
|
RM 356
|
646 sqft
|
|
2-Sty Terrace |
|
Lorong Ilmu 6
|
RM 190,000
|
RM 239
|
797 sqft
|
|
Cluster |
|
Lintang Ilmu 1
|
RM 350,000
|
RM 269
|
1,302 sqft
|
|
Terrace |
|
Lorong Ilmu 18
|
RM 430,000
|
RM 459
|
936 sqft
|
|
2-Sty Terrace |
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Market Snapshot
ResidentialRM 325,000
RM 261 psfMedian transaction price
Taman Ilmu, 14300 Nibong Tebal, Pulau Pinang, Malaysia
MapsTaman 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 224K to RM 426K, and a typical market range of RM 248K to RM 402K.
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 261, though individual units vary from RM 190 to RM 332 in the core range. The broader market spans RM 220.55 to RM 301.55, indicating diverse property characteristics. A wider spread (IQR: RM 81.00) and deviation (MAD: RM 71) 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.