Bandar Butterworth
Butterworth, Penang, Malaysia
Butterworth, Penang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Lorong Matahari
|
RM 550,000
|
RM 304
|
1,808 sqft
|
|
|
Jalan Kampung Paya
|
RM 680,000
|
RM 369
|
1,841 sqft
|
|
|
Lorong Bagan Luar 2
|
RM 620,000
|
RM 273
|
2,271 sqft
|
|
|
Jalan Bagan Luar
|
RM 371,000
|
RM 77
|
4,844 sqft
|
|
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Market Snapshot
CommercialRM 620,000
RM 273 psfMedian transaction price
Butterworth, Penang, Malaysia
MapsBandar Butterworth in Seberang Perai Utara, Penang recorded 4 subsale transactions between 2021 and 2026, with a median price of RM 585K and a median price per square foot (PSF) of RM 289.
This area contains both residential and commercial properties. View 5 residential properties or 43 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 585K, with most transactions falling within a stable range of RM 469K to RM 680K, and a typical market range of RM 400K to RM 680K.
Most transactions involved 2 - 2 1/2 storey shop, with high diversity across multiple property types.
Price per square foot shows a median of RM 289, though individual units vary from RM 179 to RM 398 in the core range. The broader market spans RM 139.95 to RM 437.20, indicating diverse property characteristics. A wider spread (IQR: RM 297.25) and deviation (MAD: RM 109) 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.