Taman Nilam Tanjung

14100 Simpang Ampat, Pulau Pinang, Malaysia

Property Transactions

2 subsales found

Price Size
Period
transactions middle 50% (P25–P75)
RM400,000
Lorong Tanjung 1/2
1,302 sqft RM307 PSF
RM365,000
Lorong Tanjung 1/2
1,302 sqft RM280 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM382,500

RM294 psf

Median transaction price

Taman Nilam Tanjung
© OpenStreetMap · CARTO

Taman Nilam Tanjung, 14100 Simpang Ampat, Pulau Pinang, Malaysia

Maps

Taman Nilam Tanjung in Seberang Perai Selatan, Penang recorded 2 subsale transactions between 2021 and 2026, sized between 1,275 and 1,324 sqft, with a median price of RM383K and a median price per square foot (PSF) of RM294.

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 RM383K, with most transactions falling within a stable range of RM365K to RM400K, and a typical market range of RM365K to RM400K.

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

For price per square foot, the median is RM294, with most transactions between RM280 and RM307. The usual range is RM276.68 to RM310.68, showing that most units are priced quite close to each other. A typical spread (IQR) of RM34.00 and an average deviation (MAD) of RM13 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.