Area Intelligence

TAMAN ILMU INDAH

1 properties
2024
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Median Price
RM 515,000
PSF: RM 368

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 515,000

IQR: RM 26
MAD: RM 26
RM 368 PSF 6.4%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TAMAN ILMU INDAH in Seberang Perai Selatan, Penang recorded 1 subsale transactions in 2024, with a median price of RM 515K and a median price per square foot (PSF) of RM 368.

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.

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

For price per square foot, the median is RM 368, with most transactions between RM 368 and RM 368. The usual range is RM 344.25 to RM 391.75, 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 0 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.

Area Location

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TAMAN ILMU INDAH, Seberang Perai Selatan, Penang

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Transactions

1 properties grouped by size

1,400 sqft
1 units Double Storey Shop
RM 515,000
LORONG ILMU INDAH 1
1,400 sqft · RM 368.00 PSF
May 2024