Area Intelligence

TAMAN ILMU

7 properties
Double Storey Terraced
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Median Price
RM 430,000
PSF: RM 318

Residential Market

Median Price

RM 430,000

IQR: RM 58
MAD: RM 25
RM 318 PSF 10.4%

PSF Trends (2021-2025)

TAMAN ILMU in Seberang Perai Selatan, Penang recorded 7 Double Storey Terraced properties subsale transactions between 2021 and 2025 for double storey terraced properties, with a median price of RM 430K and a median price per square foot (PSF) of RM 318.

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 430K, with most transactions falling within a stable range of RM 334K to RM 510K, and a typical market range of RM 338K to RM 510K.

Within the Double Storey Terraced category, 2 - 2 1/2 storey terraced dominated the market, with high diversity across multiple property types.

Price per square foot shows a median of RM 318, though individual units vary from RM 236 to RM 400 in the core range. The broader market spans RM 289.00 to RM 347.00, indicating diverse property characteristics. A wider spread (IQR: RM 58.00) and deviation (MAD: RM 82) indicate significant PSF variations, likely due to diverse property types or conditions.

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.

Area Location

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TAMAN ILMU, Seberang Perai Selatan, Penang

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Transactions

7 properties grouped by size

800 sqft
1 units Double Storey Terraced
RM 230,000
LORONG ILMU 7
797 sqft · RM 289.00 PSF
Mar 2024
1,050 sqft
3 units Double Storey Terraced
RM 350,000
LORONG ILMU 10
1,044 sqft · RM 335.00 PSF
Jan 2025
RM 430,000
LRG ILMU 18
1,044 sqft · RM 412.00 PSF
Feb 2024
RM 500,000
LRG ILMU 12
1,044 sqft · RM 479.00 PSF
Sep 2023
1,550 sqft
1 units Double Storey Terraced
RM 490,000
SOLOK ILMU 5
1,539 sqft · RM 318.00 PSF
Aug 2024
1,700 sqft
2 units Double Storey Terraced
RM 510,000
SOLOK ILMU 3
1,701 sqft · RM 300.00 PSF
Oct 2023
RM 350,000
LORONG ILMU 12
1,690 sqft · RM 207.00 PSF
Aug 2023