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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Transactions

13 properties found

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