Taman Pandan
14, Taman Pandan, 13000 Butterworth, Pulau Pinang, Malaysia
14, Taman Pandan, 13000 Butterworth, Pulau Pinang, Malaysia
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2023 | |||||
|
Level 4
|
RM 75,000
|
RM 166
|
452 sqft
|
|
LC Flat |
|
Level 4
|
RM 273,000
|
RM 292
|
936 sqft
|
|
Condo |
|
Level 3
|
RM 290,000
|
RM 306
|
947 sqft
|
|
Condo |
|
Level G
|
RM 128,000
|
RM 283
|
452 sqft
|
|
LC Flat |
|
Level 4
|
RM 260,000
|
RM 278
|
936 sqft
|
|
Condo |
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Market Snapshot
ResidentialRM 260,000
RM 283 psfMedian transaction price
14, Taman Pandan, 13000 Butterworth, Pulau Pinang, Malaysia
MapsTaman Pandan in Seberang Perai Utara, Penang recorded 5 subsale transactions in 2023, with a median price of RM 260K and a median price per square foot (PSF) of RM 283.
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 260K, with most transactions falling within a stable range of RM 173K to RM 290K, and a typical market range of RM 221K to RM 290K.
Most transactions involved condominium/apartment, with high diversity across multiple property types.
The median PSF stands at RM 283, with core pricing between RM 233 and RM 334. Market pricing typically extends from RM 245.39 to RM 320.89, reflecting moderate variation in unit pricing. The spread of RM 75.50 (IQR) and deviation of RM 50 (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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.