Taman Ilmu
14300 Nibong Tebal, Pulau Pinang, Malaysia
14300 Nibong Tebal, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Lorong Ilmu 3
|
RM 230,000
|
RM 289
|
797 sqft
|
|
|
|
Lorong Ilmu 3
|
RM 200,000
|
RM 251
|
797 sqft
|
|
|
|
Lorong Ilmu 6
|
RM 190,000
|
RM 239
|
797 sqft
|
|
|
|
Lorong Ilmu 9
|
RM 200,000
|
RM 251
|
797 sqft
|
|
|
|
Lorong Ilmu 5
|
RM 200,000
|
RM 251
|
797 sqft
|
|
|
|
Lorong Ilmu 4
|
RM 190,000
|
RM 239
|
797 sqft
|
|
|
|
Lorong Ilmu 4
|
RM 170,000
|
RM 213
|
797 sqft
|
|
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Market Snapshot
ResidentialRM 200,000
RM 251 psfMedian transaction price
Taman Ilmu, 14300 Nibong Tebal, Pulau Pinang, Malaysia
MapsTaman Ilmu in Seberang Perai Selatan, Penang recorded 7 Cluster House properties subsale transactions between 2021 and 2026, with a median price of RM 200K 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 200K, with most transactions falling within a stable range of RM 183K to RM 217K, and a typical market range of RM 170K to RM 230K.
Within the Cluster House category, 2 - 2 1/2 storey terraced dominated the market, with high diversity across multiple property types.
For price per square foot, the median is RM 251, with most transactions between RM 230 and RM 272. The usual range is RM 210.59 to RM 291.59, showing that most units are priced quite close to each other. With an IQR of RM 81.00 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.