TAMAN ILMU INDAH
Residential Market
Median Price
RM 450,000
PSF Trends (2021-2025)
Commercial Market
Median Price
RM 551,500
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Double Storey Terraced
5 properties
Median Price
RM 450,000
-11.5% CAGR
Median PSF
RM 322.00
+34.1% CAGR
Double Storey Shop
2 properties
Median Price
RM 551,500
-6.4% CAGR
Median PSF
RM 394.00
-6.4% CAGR
Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
---|---|---|---|---|---|---|
Double Storey Terraced | 5 |
RM 450,000
|
-11.53% |
RM 322.00
|
+34.12% | |
Double Storey Shop | 2 |
RM 551,500
±37K MAD
|
-6.41% |
RM 394.00
±26 MAD
|
-6.39% |
TAMAN ILMU INDAH in Seberang Perai Selatan, Penang recorded 2 Double Storey Shop properties subsale transactions between 2021 and 2025 for double storey shop properties, with a median price of RM 552K and a median price per square foot (PSF) of RM 394.
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 552K, with most transactions falling within a stable range of RM 515K to RM 588K, and a typical market range of RM 515K to RM 588K.
Within the Double Storey Shop category, 2 - 2 1/2 storey terraced dominated the market, though some variety exists in the market.
For price per square foot, the median is RM 394, with most transactions between RM 368 and RM 420. The usual range is RM 370.25 to RM 417.75, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 47.50 and an average deviation (MAD) of RM 26 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.
Filter by type, year, price, and size
Transactions
2 properties grouped by size
Road | Price | PSF | Size | Date | Type |
---|
LORONG ILMU INDAH 1
|
RM 515,000
|
RM 368.00
|
1,400 sqft
|
May 2024
|
|
LORONG ILMU INDAH 1
|
RM 588,000
|
RM 420.00
|
1,399 sqft
|
Jul 2022
|