Taman Cengal
Butterworth, Pulau Pinang, Malaysia
Butterworth, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Lintang Cengal
|
RM 850,000
|
RM 530
|
1,604 sqft
|
|
|
Lorong Cengal 4
|
RM 700,000
|
RM 420
|
1,668 sqft
|
|
|
Lorong Cengal 2/3
|
RM 1,800,000
|
RM 377
|
4,768 sqft
|
|
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Taman Cengal, Butterworth, Pulau Pinang, Malaysia
MapsTaman Cengal in Seberang Perai Utara, Penang recorded 3 subsale transactions between 2021 and 2026, with a median price of RM 850K and a median price per square foot (PSF) of RM 420.
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 850K, with most transactions falling within a stable range of RM 700K to RM 1.00 million, and a typical market range of RM 700K to RM 1.13 million.
Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.
For price per square foot, the median is RM 420, with most transactions between RM 392 and RM 448. The usual range is RM 388.81 to RM 450.31, showing that most units are priced quite close to each other. With an IQR of RM 61.50 and MAD of RM 28, the PSF demonstrates reasonable consistency across the market.
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.