Taman Nilam Tanjung

14100 Simpang Ampat, Pulau Pinang, Malaysia

Property Transactions

2 subsales grouped by size

Price Size
Period
transactions middle 50% (P25–P75)
1,500 sqft
Terrace
RM320,000
Lorong Tanjung 1/1
1,494 sqft · RM214 PSF
RM283,000
Lorong Tanjung 1/1
1,494 sqft · RM189 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM301,500

RM202 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 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.