Taman Nilam Tanjung

14100 Simpang Ampat, Pulau Pinang, Malaysia

Property Transactions

3 subsales found

Price Size
Period
transactions middle 50% (P25–P75)
RM320,000
Lorong Tanjong 1/2
1,449 sqft RM221 PSF
RM350,000
Lorong Tanjung 1/2
1,449 sqft RM242 PSF
RM325,000
Jalan Tanjung 2
1,494 sqft RM218 PSF
Legend Recent Highest Price Highest PSF

Selling in Taman Nilam Tanjung? Homes here sold for a median of RM325,000.

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Market Snapshot

Residential

RM325,000

RM221 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 3 subsale transactions in 2022, with a median price of RM325K and a median price per square foot (PSF) of RM221.

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 RM325K, with most transactions falling within a stable range of RM320K to RM338K, and a typical market range of RM320K to RM350K.

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

For price per square foot, the median is RM221, with most transactions between RM210 and RM231. The usual range is RM203.80 to RM237.80, showing that most units are priced quite close to each other. A typical spread (IQR) of RM34.00 and an average deviation (MAD) of RM11 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.