Area Intelligence

TAMAN NILAM TANJUNG

13 properties
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Median Price
RM 320,000
PSF: RM 242

Residential Market

Median Price

RM 320,000

IQR: RM 34
MAD: RM 20
RM 242 PSF 11.4%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TAMAN NILAM TANJUNG in Seberang Perai Selatan, Penang recorded 13 subsale transactions between 2021 and 2025, with a median price of RM 320K and a median price per square foot (PSF) of RM 242.

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 320K, with most transactions falling within a stable range of RM 290K to RM 350K, and a typical market range of RM 295K to RM 345K.

Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.

For price per square foot, the median is RM 242, with most transactions between RM 222 and RM 262. The usual range is RM 225.00 to RM 259.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 34.00 and an average deviation (MAD) of RM 20 indicate a highly stable PSF trend across properties.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TAMAN NILAM TANJUNG, Seberang Perai Selatan, Penang

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Filter by type, year, price, and size

Transactions

13 properties grouped by size

1,200 sqft
1 units Single Storey Terraced
RM 320,000
LORONG TANJUNG 1/3
1,222 sqft · RM 262.00 PSF
Apr 2023
1,250 sqft
2 units Single Storey Terraced
RM 300,000
LORONG TANJUNG 3
1,227 sqft · RM 244.00 PSF
Oct 2023
RM 280,000
JALAN TANJUNG 2
1,247 sqft · RM 225.00 PSF
Aug 2023
1,350 sqft
2 units Single Storey Terraced
RM 330,000
JALAN NILAM TANJUNG 1/5
1,329 sqft · RM 248.00 PSF
Dec 2023
RM 240,000
LRG TANJUNG 1/5
1,329 sqft · RM 181.00 PSF
Jul 2023
1,450 sqft
5 units
RM 370,000
Single Storey Terraced LORONG TANJUNG 1/2
1,449 sqft · RM 255.00 PSF
Oct 2023
RM 400,000
Double Storey Terraced LORONG TANJUNG 1/2
1,449 sqft · RM 276.00 PSF
Apr 2023
RM 365,000
Double Storey Terraced LORONG TANJUNG 1/2
1,449 sqft · RM 252.00 PSF
Jan 2023
RM 320,000
Single Storey Terraced LRG TANJONG 1/2
1,449 sqft · RM 221.00 PSF
Dec 2022
RM 350,000
Single Storey Terraced LRG TANJUNG 1/2
1,449 sqft · RM 242.00 PSF
Sep 2022
1,500 sqft
3 units Single Storey Terraced
RM 325,000
JALAN TANJUNG 2
1,494 sqft · RM 218.00 PSF
Jun 2022
RM 320,000
LORONG TANJUNG 1/1
1,494 sqft · RM 214.00 PSF
Nov 2021
RM 283,000
LORONG TANJUNG 1/1
1,494 sqft · RM 189.00 PSF
Jul 2021