Taman Pandan
14, Taman Pandan, 13000 Butterworth, Pulau Pinang, Malaysia
14, Taman Pandan, 13000 Butterworth, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 2
|
RM 262,000
|
RM 277
|
947 sqft
|
|
Condo |
|
Level G
|
RM 320,000
|
RM 342
|
936 sqft
|
|
Flat |
|
Level G
|
RM 300,000
|
RM 324
|
926 sqft
|
|
Condo |
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Market Snapshot
ResidentialRM 300,000
RM 324 psfMedian transaction price
14, Taman Pandan, 13000 Butterworth, Pulau Pinang, Malaysia
MapsTaman Pandan in Seberang Perai Utara, Penang recorded 3 subsale transactions in 2021, with a median price of RM 300K and a median price per square foot (PSF) of RM 324.
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 300K, with most transactions falling within a stable range of RM 276K to RM 320K, and a typical market range of RM 262K to RM 320K.
Most transactions involved condominium/apartment, with high diversity across multiple property types.
For price per square foot, the median is RM 324, with most transactions between RM 297 and RM 352. The usual range is RM 286.33 to RM 361.83, showing that most units are priced quite close to each other. With an IQR of RM 75.50 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.