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
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2023 | |||||
|
Persiaran Nakhoda
|
RM 525,000
|
RM 397
|
1,324 sqft
|
|
2-Sty Terrace |
|
Lorong Nakhoda 3
|
RM 600,000
|
RM 453
|
1,324 sqft
|
|
2-Sty Terrace |
|
Persiaran Nahkoda
|
RM 500,000
|
RM 378
|
1,324 sqft
|
|
2-Sty Terrace |
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Market Snapshot
ResidentialRM 525,000
RM 397 psfMedian transaction price
Jalan Seri Tawar, Telok Air Tawar, 13050 Butterworth, Pulau Pinang, Malaysia
MapsTaman Telok Air Tawar in Seberang Perai Utara, Penang recorded 3 subsale transactions in 2023, with a median price of RM 525K and a median price per square foot (PSF) of RM 397.
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 525K, with most transactions falling within a stable range of RM 500K to RM 567K, and a typical market range of RM 500K to RM 553K.
Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.
For price per square foot, the median is RM 397, with most transactions between RM 364 and RM 429. The usual range is RM 354.54 to RM 438.54, showing that most units are priced quite close to each other. With an IQR of RM 84.00 and MAD of RM 32, the PSF demonstrates reasonable consistency across the market.
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.