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
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Market Snapshot
ResidentialRM320,000
RM242 psfMedian transaction price
Taman Nilam Tanjung, 14100 Simpang Ampat, Pulau Pinang, Malaysia
MapsTaman Nilam Tanjung in Seberang Perai Selatan, Penang recorded 0 subsale transactions in 2024, with a median price of RM320K and a median price per square foot (PSF) of RM242.
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 RM320K, with most transactions falling within a stable range of RM290K to RM350K, and a typical market range of RM295K to RM345K.
Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.
For price per square foot, the median is RM242, with most transactions between RM222 and RM262. The usual range is RM225.00 to RM259.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM34.00 and an average deviation (MAD) of RM20 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.