TAMAN ILMU
Residential Market
Median Price
RM 327,500
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Single Storey Terraced
8 properties
Median Price
RM 312,500
+4.9% CAGR
Median PSF
RM 236.00
+8.8% CAGR
Double Storey Terraced
7 properties
Median Price
RM 430,000
-16.3% CAGR
Median PSF
RM 318.00
+5.7% CAGR
Cluster House
5 properties
Median Price
RM 197,500
-2.5% CAGR
Median PSF
RM 248.00
-2.4% CAGR
Low-Cost House
2 properties
Median Price
RM 120,000
-22.5% CAGR
Median PSF
RM 164.00
-22.5% CAGR
Detached
1 properties
Median Price
RM 800,000
Median PSF
RM 177.00
| Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
|---|---|---|---|---|---|---|
| Single Storey Terraced | 8 |
RM 312,500
±8K MAD
|
+4.92% |
RM 236.00
±10 MAD
|
+8.85% | |
| Double Storey Terraced | 7 |
RM 430,000
±70K MAD
|
-16.33% |
RM 318.00
±17 MAD
|
+5.67% | |
| Cluster House | 5 |
RM 197,500
±3K MAD
|
-2.50% |
RM 248.00
±3 MAD
|
-2.39% | |
| Low-Cost House | 2 |
RM 120,000
±30K MAD
|
-22.54% |
RM 164.00
±41 MAD
|
-22.54% | |
| Detached | 1 |
RM 800,000
|
- |
RM 177.00
|
- |
TAMAN ILMU in Seberang Perai Selatan, Penang recorded 10 subsale transactions in 2023, with a median price of RM 328K and a median price per square foot (PSF) of RM 237.
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 328K, with most transactions falling within a stable range of RM 190K to RM 507K, and a typical market range of RM 235K to RM 420K.
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 237, though individual units vary from RM 155 to RM 318 in the core range. The broader market spans RM 207.50 to RM 265.50, indicating diverse property characteristics. A wider spread (IQR: RM 58.00) and deviation (MAD: RM 81) 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.
Filter by type, year, price, and size
Transactions
10 properties grouped by size
| Road | Price | PSF | Size | Date | Type |
|---|
|
LORONG ILMU 9
|
RM 200,000
|
RM 251.00
|
797 sqft
|
Nov 2023
|
|
|
LORONG ILMU 5
|
RM 200,000
|
RM 251.00
|
797 sqft
|
Aug 2023
|
|
|
LORONG ILMU 4
|
RM 190,000
|
RM 239.00
|
797 sqft
|
Jun 2023
|
|
LRG ILMU 12
|
RM 500,000
|
RM 479.00
|
1,044 sqft
|
Sep 2023
|
|
LINTANG ILMU 2
|
RM 305,000
|
RM 234.00
|
1,302 sqft
|
Oct 2023
|
|
|
LORONG ILMU 1
|
RM 295,000
|
RM 226.00
|
1,302 sqft
|
Mar 2023
|
|
SOLOK ILMU 3
|
RM 510,000
|
RM 300.00
|
1,701 sqft
|
Oct 2023
|
|
|
LORONG ILMU 12
|
RM 350,000
|
RM 207.00
|
1,690 sqft
|
Aug 2023
|
|
LINTANG ILMU 6
|
RM 370,000
|
RM 190.00
|
1,948 sqft
|
May 2023
|
|
LINTANG ILMU 8
|
RM 800,000
|
RM 177.00
|
4,521 sqft
|
Nov 2023
|