Taman Melati
13100 Butterworth, Pulau Pinang, Malaysia
13100 Butterworth, Pulau Pinang, Malaysia
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2024 | |||||
|
Pesara Mahsuri 4
|
RM 800,000
|
RM 445
|
1,798 sqft
|
|
Terrace |
|
Jalan Tun Dr. Awang
|
RM 830,000
|
RM 415
|
2,002 sqft
|
|
Terrace |
|
Pesara Mahsuri 4
|
RM 790,000
|
RM 528
|
1,496 sqft
|
|
Terrace |
|
Pesara Mahsuri 4
|
RM 825,000
|
RM 590
|
1,399 sqft
|
|
Terrace |
| 2023 | |||||
|
Pesara Mahsuri 5
|
RM 1,050,000
|
RM 793
|
1,324 sqft
|
|
Terrace |
|
Jalan Tun Dr. Awang
|
RM 740,000
|
RM 412
|
1,798 sqft
|
|
Terrace |
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Market Snapshot
ResidentialRM 812,500
RM 487 psfMedian transaction price
Taman Melati, 13100 Butterworth, Pulau Pinang, Malaysia
MapsTaman Melati in Barat Daya, Penang recorded 6 subsale transactions between 2021 and 2026, with a median price of RM 813K and a median price per square foot (PSF) of RM 528.
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 813K, with most transactions falling within a stable range of RM 793K to RM 833K, and a typical market range of RM 794K to RM 831K.
Most transactions involved 1 - 1 1/2 storey terraced, with minimal variety in property types.
The median PSF stands at RM 528, with core pricing between RM 455 and RM 601. Market pricing typically extends from RM 452.01 to RM 604.01, reflecting moderate variation in unit pricing. With an IQR of RM 152.00 and MAD of RM 73, the PSF demonstrates reasonable consistency across the market.
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.