Taman Desa Murni
13800 Butterworth, Pulau Pinang, Malaysia
13800 Butterworth, Pulau Pinang, Malaysia
Property Type
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2021 | |||||
|
Lorong Murni 21
|
RM 315,000
|
RM 290
|
1,087 sqft
|
|
2-Sty Terrace |
|
Blok 17
|
RM 90,000
|
RM 158
|
570 sqft
|
|
Cluster |
|
Lorong Murni 21
|
RM 288,000
|
RM 265
|
1,087 sqft
|
|
2-Sty Terrace |
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Market Snapshot
RM 288,000
RM 265 psfMedian transaction price
RM 660,000
RM 398 psfMedian transaction price
Taman Desa Murni, 13800 Butterworth, Pulau Pinang, Malaysia
MapsTaman Desa Murni in Seberang Perai Utara, Penang recorded 3 subsale transactions in 2021, with a median price of RM 288K and a median price per square foot (PSF) of RM 265.
This area contains both residential and commercial properties. View 86 residential properties or 12 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 288K, with most transactions falling within a stable range of RM 188K to RM 315K, and a typical market range of RM 241K to RM 315K.
Most transactions involved 2 - 2 1/2 storey terraced, with moderate diversity in property types available.
Price per square foot shows a median of RM 265, though individual units vary from RM 208 to RM 322 in the core range. The broader market spans RM 205.29 to RM 324.54, indicating diverse property characteristics. The spread of RM 119.25 (IQR) and deviation of RM 57 (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.