TAMAN ILMU

Area Intelligence

2023

Median Price

RM 800,000

PSF: RM 177

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Residential PSF Trends

Median Price

RM 800,000

PSF: RM 177

TAMAN ILMU in Seberang Perai Selatan, Penang recorded 1 subsale transactions in 2023, with a median price of RM 800K and a median price per square foot (PSF) of RM 177.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat.

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 177, with most transactions between RM 177 and RM 177. The usual range is RM 134.13 to RM 219.88, showing that most units are priced quite close to each other. With an IQR of RM 85.75 and MAD of RM 0, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN ILMU, Seberang Perai Selatan, Penang

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