Taman Ilmu
14300 Nibong Tebal, Pulau Pinang, Malaysia
14300 Nibong Tebal, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Lintang Ilmu 5
|
RM 275,000
|
RM 211
|
1,302 sqft
|
|
|
Lorong Ilmu 14
|
RM 500,000
|
RM 179
|
2,799 sqft
|
|
|
Lorong Ilmu 15
|
RM 600,000
|
RM 95
|
6,308 sqft
|
|
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Market Snapshot
ResidentialRM 500,000
RM 179 psfMedian transaction price
Taman Ilmu, 14300 Nibong Tebal, Pulau Pinang, Malaysia
MapsTaman Ilmu in Seberang Perai Selatan, Penang recorded 3 subsale transactions in 2021, with a median price of RM 500K and a median price per square foot (PSF) of RM 179.
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 500K, with most transactions falling within a stable range of RM 364K to RM 600K, and a typical market range of RM 423K to RM 577K.
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 179, though individual units vary from RM 130 to RM 228 in the core range. The broader market spans RM 138.16 to RM 219.16, indicating diverse property characteristics. A wider spread (IQR: RM 81.00) and deviation (MAD: RM 49) indicate significant PSF variations, likely due to diverse property types or conditions.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.