TAMAN ILMU

TAMAN ILMU in Seberang Perai Selatan, Penang recorded 8 subsale transactions in 2024, with a median price of RM 325K and a median price per square foot (PSF) of RM 261.

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 RM 325K, with most transactions falling within a stable range of RM 224K to RM 426K, and a typical market range of RM 233K to RM 418K.

Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.

Price per square foot shows a median of RM 261, though individual units vary from RM 207 to RM 315 in the core range. The broader market spans RM 232.00 to RM 290.00, indicating diverse property characteristics. The spread of RM 58.00 (IQR) and deviation of RM 54 (MAD) suggest moderate price variations reflecting different property features.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.