Taman Ratna
13050 Butterworth, Pulau Pinang, Malaysia
13050 Butterworth, Pulau Pinang, Malaysia
Property Type
| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 1
|
RM 125,000
|
RM 147
|
848 sqft
|
|
|
|
Level 1
|
RM 135,000
|
RM 159
|
848 sqft
|
|
|
|
Level 2
|
RM 140,000
|
RM 165
|
848 sqft
|
|
|
|
Level 4
|
RM 60,000
|
RM 72
|
839 sqft
|
|
|
|
Level 4
|
RM 60,000
|
RM 72
|
839 sqft
|
|
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Market Snapshot
ResidentialRM 122,500
RM 139 psfMedian transaction price
Taman Ratna, 13050 Butterworth, Pulau Pinang, Malaysia
MapsTaman Ratna in Seberang Perai Utara, Penang recorded 6 Flat properties subsale transactions between 2021 and 2026, with a median price of RM 123K and a median price per square foot (PSF) of RM 139.
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 123K, with most transactions falling within a stable range of RM 89K to RM 140K, and a typical market range of RM 60K to RM 140K.
Within the Flat category, 2 - 2 1/2 storey terraced dominated the market, with high diversity across multiple property types.
Price per square foot shows a median of RM 139, though individual units vary from RM 100 to RM 178 in the core range. The broader market spans RM 55.28 to RM 223.28, indicating diverse property characteristics. A wider spread (IQR: RM 168.00) and deviation (MAD: RM 39) indicate significant PSF variations, likely due to diverse property types or conditions.
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.