TAMAN ILMU INDAH

TAMAN ILMU INDAH in Seberang Perai Selatan, Penang recorded 4 subsale transactions in 2022, with a median price of RM 474K and a median price per square foot (PSF) of RM 339.

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 474K, with most transactions falling within a stable range of RM 430K to RM 535K, and a typical market range of RM 430K to RM 522K.

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

The median PSF stands at RM 339, with core pricing between RM 296 and RM 382. Market pricing typically extends from RM 315.25 to RM 362.75, reflecting moderate variation in unit pricing. With an IQR of RM 47.50 and MAD of RM 43, 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.