Kawasan Perniagaan Teras Jaya

13400 Butterworth, Pulau Pinang, Malaysia

Property Transactions

3 subsales grouped by size

Median
RM 900,000
PSF
RM 367
2,450 sqft
2-Sty Shop
RM 1,000,000
Lorong Teras Jaya 7
2,454 sqft · RM 407 PSF
RM 900,000
Lorong Teras Jaya 9
2,454 sqft · RM 367 PSF
RM 810,000
Lorong Teras Jaya 9
2,454 sqft · RM 330 PSF
Legend Recent Highest Price Highest PSF
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Kawasan Perniagaan Teras Jaya, 13400 Butterworth, Pulau Pinang, Malaysia

Maps

Kawasan Perniagaan Teras Jaya in Seberang Perai Utara, Penang recorded 3 subsale transactions between 2021 and 2026, with a median price of RM 900K and a median price per square foot (PSF) of RM 367.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 900K, with most transactions falling within a stable range of RM 810K to RM 990K, and a typical market range of RM 853K to RM 948K.

Most transactions involved 2 - 2 1/2 storey shop, with minimal variety in property types.

The median PSF stands at RM 367, with core pricing between RM 298 and RM 436. Market pricing typically extends from RM 330.22 to RM 403.22, reflecting moderate variation in unit pricing. The spread of RM 73.00 (IQR) and deviation of RM 69 (MAD) suggest moderate price variations reflecting different property features.

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.