Taman Teratai
Butterworth, Pulau Pinang, Malaysia
Butterworth, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Teratai 1
|
RM 490,000
|
RM 306
|
1,604 sqft
|
|
|
Jalan Kpg Baru
|
RM 1,550,000
|
RM 442
|
3,509 sqft
|
|
|
Lorong Bunga Rampai 8
|
RM 1,600,000
|
RM 449
|
3,563 sqft
|
|
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Market Snapshot
ResidentialRM 1,550,000
RM 442 psfMedian transaction price
Taman Teratai, Butterworth, Pulau Pinang, Malaysia
MapsTaman Teratai in Seberang Perai Utara, Penang recorded 3 subsale transactions between 2021 and 2026, with a median price of RM 1.55 million and a median price per square foot (PSF) of RM 442.
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 1.55 million, with most transactions falling within a stable range of RM 1.04 million to RM 1.60 million, and a typical market range of RM 1.07 million to RM 1.60 million.
Most transactions involved detached, with moderate diversity in property types available.
The median PSF stands at RM 442, with core pricing between RM 376 and RM 508. Market pricing typically extends from RM 424.72 to RM 458.72, reflecting moderate variation in unit pricing. With an IQR of RM 34.00 and MAD of RM 66, 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.