Area Intelligence

TAMAN NILAM TANJUNG

2 properties
Double Storey Terraced
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Median Price
RM 382,500
PSF: RM 264

Residential Market

Median Price

RM 382,500

IQR: RM 34
MAD: RM 20
RM 264 PSF 11.4%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TAMAN NILAM TANJUNG in Seberang Perai Selatan, Penang recorded 2 Double Storey Terraced properties subsale transactions between 2021 and 2025 for double storey terraced properties, with a median price of RM 383K and a median price per square foot (PSF) of RM 264.

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 383K, with most transactions falling within a stable range of RM 365K to RM 400K, and a typical market range of RM 365K to RM 400K.

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

For price per square foot, the median is RM 264, with most transactions between RM 252 and RM 276. The usual range is RM 247.00 to RM 281.00, 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 12 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

2 properties grouped by size

1,450 sqft
2 units Double Storey Terraced
RM 400,000
LORONG TANJUNG 1/2
1,449 sqft · RM 276.00 PSF
Apr 2023
RM 365,000
LORONG TANJUNG 1/2
1,449 sqft · RM 252.00 PSF
Jan 2023