Taman Telok Air Tawar
Jalan Seri Tawar, Telok Air Tawar, 13050 Butterworth, Pulau Pinang, Malaysia
Jalan Seri Tawar, Telok Air Tawar, 13050 Butterworth, Pulau Pinang, Malaysia
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Market Snapshot
ResidentialRM 567,500
RM 291 psfMedian transaction price
Jalan Seri Tawar, Telok Air Tawar, 13050 Butterworth, Pulau Pinang, Malaysia
MapsTaman Telok Air Tawar in Seberang Perai Utara, Penang recorded 2 subsale transactions in 2022, with a median price of RM 568K and a median price per square foot (PSF) of RM 291.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 568K, with most transactions falling within a stable range of RM 550K to RM 585K, and a typical market range of RM 550K to RM 585K.
Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.
Price per square foot shows a median of RM 291, though individual units vary from RM 226 to RM 357 in the core range. The broader market spans RM 249.42 to RM 333.42, indicating diverse property characteristics. The spread of RM 84.00 (IQR) and deviation of RM 66 (MAD) suggest moderate price variations reflecting different property features.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.