Taman Ratna

13050 Butterworth, Pulau Pinang, Malaysia

Property Transactions

17 subsales grouped by size

850 sqft
Flat
RM 125,000
Level 1
848 sqft · RM 147 PSF
RM 135,000
Level 1
848 sqft · RM 159 PSF
RM 140,000
Level 2
848 sqft · RM 165 PSF
RM 60,000
Level 4
839 sqft · RM 72 PSF
RM 60,000
Level 4
839 sqft · RM 72 PSF
900 sqft
Flat
RM 120,000
Level 1
915 sqft · RM 131 PSF
1,300 sqft
2-Sty Terrace
RM 450,000
Lorong Nakhoda 2
1,324 sqft · RM 340 PSF
1,400 sqft
Semi-D
RM 361,000
Jalan Nakhoda
1,410 sqft · RM 256 PSF
1,650 sqft
2-Sty Terrace
RM 638,000
Lorong Nakhoda 2
1,658 sqft · RM 385 PSF
RM 590,000
Jalan Nakhoda
1,733 sqft · RM 340 PSF
RM 600,000
Jalan Nakhoda
1,733 sqft · RM 346 PSF
RM 690,000
Jalan Telok Air Tawar
1,744 sqft · RM 396 PSF
RM 500,000
Jalan Nakhoda
1,733 sqft · RM 289 PSF
RM 610,000
Jalan Teluk Air Tawar
1,744 sqft · RM 350 PSF
17
transactions

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Market Snapshot

Residential

RM 450,000

RM 256 psf

Median transaction price

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Taman Ratna, 13050 Butterworth, Pulau Pinang, Malaysia

Maps

Taman Ratna in Seberang Perai Utara, Penang recorded 17 subsale transactions between 2021 and 2026, with a median price of RM 500K and a median price per square foot (PSF) of RM 297.

This area contains both residential and commercial properties. View 15 residential properties or 2 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 500K, with most transactions falling within a stable range of RM 362K to RM 638K, and a typical market range of RM 270K to RM 690K.

Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.

Price per square foot shows a median of RM 297, though individual units vary from RM 232 to RM 362 in the core range. The broader market spans RM 213.17 to RM 381.17, indicating diverse property characteristics. The spread of RM 168.00 (IQR) and deviation of RM 65 (MAD) suggest moderate price variations reflecting different property features.

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.