Taman Ratna
13050 Butterworth, Pulau Pinang, Malaysia
13050 Butterworth, Pulau Pinang, Malaysia
Property Type
| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Telok Air Tawar
|
RM 690,000
|
RM 396
|
1,744 sqft
|
|
|
|
Jalan Teluk Air Tawar
|
RM 610,000
|
RM 350
|
1,744 sqft
|
|
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Market Snapshot
ResidentialRM 450,000
RM 256 psfMedian transaction price
Taman Ratna, 13050 Butterworth, Pulau Pinang, Malaysia
MapsTaman Ratna in Seberang Perai Utara, Penang recorded 2 Double Storey Shop properties subsale transactions between 2021 and 2026, with a median price of RM 650K and a median price per square foot (PSF) of RM 373.
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 650K, with most transactions falling within a stable range of RM 610K to RM 690K, and a typical market range of RM 610K to RM 690K.
Within the Double Storey Shop category, 2 - 2 1/2 storey terraced dominated the market, with high diversity across multiple property types.
For price per square foot, the median is RM 373, with most transactions between RM 350 and RM 396. The usual range is RM 288.76 to RM 456.76, showing that most units are priced quite close to each other. With an IQR of RM 168.00 and MAD of RM 23, 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.