Taman Ratna
13050 Butterworth, Pulau Pinang, Malaysia
13050 Butterworth, Pulau Pinang, Malaysia
Property Type
| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Nakhoda
|
RM 361,000
|
RM 256
|
1,410 sqft
|
|
|
Jalan Lebuh Nakhoda
|
RM 595,000
|
RM 233
|
2,551 sqft
|
|
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Market Snapshot
ResidentialRM 478,000
RM 245 psfMedian transaction price
Taman Ratna, 13050 Butterworth, Pulau Pinang, Malaysia
MapsTaman Ratna in Seberang Perai Utara, Penang recorded 2 Double Storey Semi-D properties subsale transactions between 2021 and 2026, with a median price of RM 478K and a median price per square foot (PSF) of RM 245.
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 478K, with most transactions falling within a stable range of RM 361K to RM 595K, and a typical market range of RM 361K to RM 595K.
Within the Double Storey Semi-D 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 245, with most transactions between RM 233 and RM 256. The usual range is RM 160.63 to RM 328.63, showing that most units are priced quite close to each other. With an IQR of RM 168.00 and MAD of RM 11, 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.