Taman Nilam Tanjung
14100 Simpang Ampat, Pulau Pinang, Malaysia
14100 Simpang Ampat, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Lorong Tanjung 1/1
|
RM320,000
|
RM214
|
1,494 sqft
|
|
|
|
Lorong Tanjung 1/1
|
RM283,000
|
RM189
|
1,494 sqft
|
|
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Taman Nilam Tanjung
Marketplace listings
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
ResidentialRM301,500
RM202 psfMedian transaction price
Taman Nilam Tanjung, 14100 Simpang Ampat, Pulau Pinang, Malaysia
MapsTaman Nilam Tanjung in Seberang Perai Selatan, Penang recorded 2 subsale transactions in 2021, with a median price of RM302K and a median price per square foot (PSF) of RM202.
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 RM302K, with most transactions falling within a stable range of RM283K to RM320K, and a typical market range of RM283K to RM320K.
Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.
For price per square foot, the median is RM202, with most transactions between RM189 and RM214. The usual range is RM184.85 to RM218.85, showing that most units are priced quite close to each other. A typical spread (IQR) of RM34.00 and an average deviation (MAD) of RM12 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.