Taman Nilam Tanjung
14100 Simpang Ampat, Pulau Pinang, Malaysia
14100 Simpang Ampat, Pulau Pinang, Malaysia
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Taman Nilam Tanjung
PSF median price per sq ft · 12m its change over the past 12 months
Most-traded areas in this mukim, by number of recorded subsale transactions. See every area in 13
Market Snapshot
ResidentialRM320,000
RM262 psfMedian transaction price
Taman Nilam Tanjung, 14100 Simpang Ampat, Pulau Pinang, Malaysia
MapsTaman Nilam Tanjung in Seberang Perai Selatan, Penang recorded 1 subsale transactions between 2021 and 2026, sized between 1,175 and 1,224 sqft, with a median price of RM320K and a median price per square foot (PSF) of RM262.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat.
Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.
For price per square foot, the median is RM262, with most transactions between RM262 and RM262. The usual range is RM244.88 to RM278.88, showing that most units are priced quite close to each other. A typical spread (IQR) of RM34.00 and an average deviation (MAD) of RM0 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.