BandingHouse

Taman Ilmu

Seberang Perai Selatan, Penang · Terraced house · Freehold

Homes in Taman Ilmu have sold for a median of

RM345,000

RM344 psf on the recorded floor area

RM263,240median RM345,000RM417,500

Half of the 42 recorded sales fell between RM263,240 and RM417,500. One in ten went under RM200,000, one in ten over RM500,000. Sales run from 15 October 2021 to 9 January 2026.

Down 18% from a RM410,000 median in 2022 to RM335,000 in 2025.

These are transacted prices from the land-office record, not asking prices from ads. An ad’s number is a wish; this is the record. What terraced house sell for across Penang, beside what ads ask.

How to read this page

The median is the middle sale when every recorded sale here is lined up cheapest to dearest — half sold for less, half for more. The band (p25–p75) is the middle half of those sales. Neither figure is an asking price from an ad, and neither is a valuation of a specific unit. Asking vs transacted.

What kind of home, and what title

The land office groups these sales as terraced house under a Freehold title. Landed homes here are usually compared by whole-house price rather than psf alone; title type still matters when you sell or borrow — strata vs individual title.

Year by year

YearMedian soldPer sq ftSales
2021RM500,000RM335 psf3
2022RM410,000RM264 psf10
2023RM332,500RM349 psf12
2024RM325,000RM353 psf8
2025RM335,000RM374 psf8
2026RM330,000RM374 psf1

A year with only a handful of sales is a handful of sales, not a trend — the movement above is drawn only between years with five or more.

Nearby, and where this one sits

Other terraced house schemes in Seberang Perai Selatan with enough recorded sales, cheapest first. By median sold price, Taman Ilmu sits 16 of 49 in that set.

Against Penang

Across Penang, the median recorded sale for terraced house is RM409,600 (RM373 psf), from 3,162 sales. Taman Ilmu’s own median is RM345,000 — lower than that state median. Full Penang table.

Cash and monthly on the RM345,000 median

Same worksheet as /cost/, using this scheme’s recorded median, 90% LTV, and the illustrative rate. Not a bank quote.

Cash at offer

  • Down payment (10%): RM34,500
  • Transfer duty (MOT): RM5,900
  • Loan duty (0.5%): RM1,553
  • Total cash: RM41,953
  • Qualifying first home: RM34,500 (duties exempt)

Monthly carry

  • Instalment (35y @ 4.00%): RM1,375
  • Total monthly: RM1,375

4.00% p.a. illustrative (rough SBR + bank margin); not a bank quote

Adjust these numbers

Questions this record answers

What have homes in Taman Ilmu sold for?
A median of RM345,000 (RM344 psf), from 42 land-office transactions between 15 October 2021 and 9 January 2026.
What is a typical band here?
Half of recorded sales fell between RM263,240 and RM417,500. One in ten went under RM200,000; one in ten over RM500,000.
Has the median moved?
From RM410,000 in 2022 to RM335,000 in 2025 (-18%), using only years with five or more sales.

Read next

From NAPIC’s open transaction data (Jabatan Penilaian dan Perkhidmatan Harta), extract published 19 May 2026. A scheme appears only with at least 20recorded sales. Scheme names are the land office’s own. How we work this out.