Area Intelligence

TAMAN ILMU INDAH

7 properties
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Median Price
RM 498,000
PSF: RM 322

Residential Market

Median Price

RM 450,000

IQR: RM 15
MAD: RM 15
RM 322 PSF 34.1%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 551,500

IQR: RM 26
MAD: RM 26
RM 394 PSF 6.4%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TAMAN ILMU INDAH in Seberang Perai Selatan, Penang recorded 7 subsale transactions between 2021 and 2025, with a median price of RM 498K and a median price per square foot (PSF) of RM 322.

This area contains both residential and commercial properties. View 5 residential properties or 2 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 498K, with most transactions falling within a stable range of RM 450K to RM 546K, and a typical market range of RM 451K to RM 546K.

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

The median PSF stands at RM 322, with core pricing between RM 288 and RM 356. Market pricing typically extends from RM 298.25 to RM 345.75, reflecting moderate variation in unit pricing. With an IQR of RM 47.50 and MAD of RM 34, the PSF demonstrates reasonable consistency across the market.

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.

Area Location

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TAMAN ILMU INDAH, Seberang Perai Selatan, Penang

OSM

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Transactions

7 properties grouped by size

1,400 sqft
6 units
RM 515,000
Double Storey Shop LORONG ILMU INDAH 1
1,400 sqft · RM 368.00 PSF
May 2024
RM 450,000
Double Storey Terraced LORONG ILMU INDAH 3
1,399 sqft · RM 322.00 PSF
Mar 2023
RM 498,000
Double Storey Terraced LORONG ILMU INDAH 3
1,399 sqft · RM 356.00 PSF
Dec 2022
RM 430,000
Double Storey Terraced LORONG ILMU INDAH 2
1,399 sqft · RM 307.00 PSF
Oct 2022
RM 588,000
Double Storey Shop LORONG ILMU INDAH 1
1,399 sqft · RM 420.00 PSF
Jul 2022
RM 450,000
Double Storey Terraced LORONG ILMU INDAH 2
1,399 sqft · RM 322.00 PSF
Jun 2022
3,200 sqft
1 units Double Storey Terraced
RM 575,000
LORONG ILMU INDAH 2
3,218 sqft · RM 179.00 PSF
Nov 2021