Taman Penaga Indah
Lorong Penaga Indah Penaga, 13100 Butterworth, Pulau Pinang, Malaysia
Lorong Penaga Indah Penaga, 13100 Butterworth, Pulau Pinang, Malaysia
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Market Snapshot
ResidentialRM 491,500
RM 218 psfMedian transaction price
Lorong Penaga Indah Penaga, 13100 Butterworth, Pulau Pinang, Malaysia
MapsTaman Penaga Indah in Seberang Perai Utara, Penang recorded 2 subsale transactions between 2021 and 2026, sized between 2,225 and 2,274 sqft, with a median price of RM 492K and a median price per square foot (PSF) of RM 218.
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 492K, with most transactions falling within a stable range of RM 484K to RM 499K, and a typical market range of RM 484K to RM 499K.
Most transactions involved 1 - 1 1/2 storey semi-detached, though some variety exists in the market.
For price per square foot, the median is RM 218, with most transactions between RM 215 and RM 222. The usual range is RM 205.48 to RM 231.48, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 26.00 and an average deviation (MAD) of RM 3 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.