Area Intelligence

TAMAN NILAM TANJUNG

11 properties
Single Storey Terraced
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Median Price
RM 320,000
PSF: RM 225

Residential Market

Median Price

RM 320,000

IQR: RM 34
MAD: RM 20
RM 225 PSF 11.4%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TAMAN NILAM TANJUNG in Seberang Perai Selatan, Penang recorded 11 Single Storey Terraced properties subsale transactions between 2021 and 2025 for single storey terraced properties, with a median price of RM 320K and a median price per square foot (PSF) of RM 225.

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 286K to RM 354K, and a typical market range of RM 295K to RM 345K.

Within the Single Storey Terraced category, 1 - 1 1/2 storey terraced dominated the market, though some variety exists in the market.

The median PSF stands at RM 225, with core pricing between RM 200 and RM 250. Market pricing typically extends from RM 208.00 to RM 242.00, reflecting moderate variation in unit pricing. With an IQR of RM 34.00 and MAD of RM 25, 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. 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

11 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
3 units Single Storey Terraced
RM 370,000
LORONG TANJUNG 1/2
1,449 sqft · RM 255.00 PSF
Oct 2023
RM 320,000
LRG TANJONG 1/2
1,449 sqft · RM 221.00 PSF
Dec 2022
RM 350,000
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