Taman Seri Teratai
14, Lorong Teratai, Taman Teratai, 13400 Butterworth, Pulau Pinang, Malaysia
14, Lorong Teratai, Taman Teratai, 13400 Butterworth, Pulau Pinang, Malaysia
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2023 | |||||
|
Lorong Teratai
|
RM 842,000
|
RM 389
|
2,164 sqft
|
|
2-Sty Terrace |
|
Lorong Teratai
|
RM 820,000
|
RM 379
|
2,164 sqft
|
|
2-Sty Terrace |
| 2022 | |||||
|
Lintang Teratai
|
RM 800,000
|
RM 370
|
2,164 sqft
|
|
2-Sty Terrace |
|
Jalan Teratai 3
|
RM 820,000
|
RM 379
|
2,164 sqft
|
|
2-Sty Terrace |
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Market Snapshot
ResidentialRM 820,000
RM 586 psfMedian transaction price
14, Lorong Teratai, Taman Teratai, 13400 Butterworth, Pulau Pinang, Malaysia
MapsTaman Seri Teratai in Seberang Perai Utara, Penang recorded 4 subsale transactions between 2021 and 2026, with a median price of RM 820K and a median price per square foot (PSF) of RM 389.
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 820K, with most transactions falling within a stable range of RM 810K to RM 830K, and a typical market range of RM 815K to RM 825K.
Most transactions involved 2 - 2 1/2 storey terraced, with minimal variety in property types.
For price per square foot, the median is RM 389, with most transactions between RM 381 and RM 397. The usual range is RM 380.31 to RM 398.06, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 17.75 and an average deviation (MAD) of RM 8 indicate a highly stable PSF trend across properties.
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.