Taman Ratna
13050 Butterworth, Pulau Pinang, Malaysia
13050 Butterworth, Pulau Pinang, Malaysia
Property Type
| Road | Price | PSF | Size | Date | Type |
|---|
|
Lorong Nakhoda 2
|
RM 450,000
|
RM 340
|
1,324 sqft
|
|
|
Lorong Nakhoda 2
|
RM 638,000
|
RM 385
|
1,658 sqft
|
|
|
Jalan Nakhoda
|
RM 590,000
|
RM 340
|
1,733 sqft
|
|
|
|
Jalan Nakhoda
|
RM 600,000
|
RM 346
|
1,733 sqft
|
|
|
|
Jalan Nakhoda
|
RM 500,000
|
RM 289
|
1,733 sqft
|
|
|
|
Jalan Nakhoda
|
RM 550,000
|
RM 317
|
1,733 sqft
|
|
|
|
Jalan Nakhoda
|
RM 515,000
|
RM 297
|
1,733 sqft
|
|
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Market Snapshot
ResidentialRM 550,000
RM 340 psfMedian transaction price
Taman Ratna, 13050 Butterworth, Pulau Pinang, Malaysia
MapsTaman Ratna in Seberang Perai Utara, Penang recorded 7 Double Storey Terraced properties subsale transactions between 2021 and 2026, with a median price of RM 550K 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 550K, with most transactions falling within a stable range of RM 490K to RM 610K, and a typical market range of RM 450K to RM 638K.
Within the Double Storey Terraced 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 340, with most transactions between RM 310 and RM 370. The usual range is RM 255.89 to RM 423.89, showing that most units are priced quite close to each other. With an IQR of RM 168.00 and MAD of RM 30, 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.