Taman Teratai
Butterworth, Pulau Pinang, Malaysia
Butterworth, Pulau Pinang, Malaysia
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2025 | |||||
|
Lorong Bunga Rampai 8
|
RM 1,600,000
|
RM 449
|
3,563 sqft
|
|
Bungalow |
| 2024 | |||||
|
Jalan Teratai 1
|
RM 490,000
|
RM 306
|
1,604 sqft
|
|
2-Sty Terrace |
|
Jalan Kpg Baru
|
RM 1,550,000
|
RM 442
|
3,509 sqft
|
|
Bungalow |
| 2022 | |||||
|
Jalan Teratai 1
|
RM 640,000
|
RM 399
|
1,604 sqft
|
|
2-Sty Terrace |
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Market Snapshot
ResidentialRM 1,095,000
RM 446 psfMedian transaction price
Taman Teratai, Butterworth, Pulau Pinang, Malaysia
MapsTaman Teratai in Seberang Perai Utara, Penang recorded 4 subsale transactions between 2021 and 2026, with a median price of RM 1.10 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 1.10 million, with most transactions falling within a stable range of RM 615K to RM 1.58 million, and a typical market range of RM 615K to RM 1.58 million.
Most transactions involved detached, with moderate diversity in property types available.
For price per square foot, the median is RM 442, with most transactions between RM 417 and RM 466. The usual range is RM 424.72 to RM 458.72, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 34.00 and an average deviation (MAD) of RM 25 indicate a highly stable PSF trend across properties.
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.