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 Teratai 1
|
RM 640,000
|
RM 399
|
1,604 sqft
|
|
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Market Snapshot
ResidentialRM 565,000
RM 352 psfMedian transaction price
Taman Teratai, Butterworth, Pulau Pinang, Malaysia
MapsTaman Teratai in Seberang Perai Utara, Penang recorded 2 Double Storey Terraced properties subsale transactions between 2021 and 2026, with a median price of RM 565K and a median price per square foot (PSF) of RM 352.
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 565K, with most transactions falling within a stable range of RM 490K to RM 640K, and a typical market range of RM 490K to RM 640K.
Within the Double Storey Terraced category, detached dominated the market, with moderate diversity in property types available.
The median PSF stands at RM 352, with core pricing between RM 306 and RM 399. Market pricing typically extends from RM 335.28 to RM 369.28, reflecting moderate variation in unit pricing. With an IQR of RM 34.00 and MAD of RM 47, 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.