Taman Ratna
13050 Butterworth, Pulau Pinang, Malaysia
13050 Butterworth, Pulau Pinang, Malaysia
Property Type
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2025 | |||||
|
Jalan Nakhoda
|
RM 590,000
|
RM 340
|
1,733 sqft
|
|
2-Sty Terrace |
|
Jalan Nakhoda
|
RM 600,000
|
RM 346
|
1,733 sqft
|
|
2-Sty Terrace |
| 2024 | |||||
|
Jalan Telok Air Tawar
|
RM 690,000
|
RM 396
|
1,744 sqft
|
|
2-Sty Shop |
| 2023 | |||||
|
Jalan Nakhoda
|
RM 500,000
|
RM 289
|
1,733 sqft
|
|
2-Sty Terrace |
|
Jalan Teluk Air Tawar
|
RM 610,000
|
RM 350
|
1,744 sqft
|
|
2-Sty Shop |
| 2022 | |||||
|
Jalan Nakhoda
|
RM 550,000
|
RM 317
|
1,733 sqft
|
|
2-Sty Terrace |
|
Jalan Nakhoda
|
RM 515,000
|
RM 297
|
1,733 sqft
|
|
2-Sty Terrace |
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Market Snapshot
ResidentialRM 550,000
RM 317 psfMedian transaction price
Taman Ratna, 13050 Butterworth, Pulau Pinang, Malaysia
MapsTaman Ratna in Seberang Perai Utara, Penang recorded 7 subsale transactions between 2021 and 2026, sized between 1,725 and 1,774 sqft, with a median price of RM 590K and a median price per square foot (PSF) of RM 340.
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 590K, with most transactions falling within a stable range of RM 530K to RM 650K, and a typical market range of RM 500K to RM 690K.
Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.
For price per square foot, the median is RM 340, with most transactions between RM 307 and RM 374. The usual range is RM 256.45 to RM 424.45, showing that most units are priced quite close to each other. With an IQR of RM 168.00 and MAD of RM 34, 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.