Bandar Butterworth
Butterworth, Penang, Malaysia
Butterworth, Penang, Malaysia
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Market Snapshot
CommercialRM 750,000
RM 480 psfMedian transaction price
Butterworth, Penang, Malaysia
MapsBandar Butterworth in Seberang Perai Utara, Penang recorded 0 subsale transactions between 2021 and 2026, with a median price of RM 703K and a median price per square foot (PSF) of RM 446.
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 703K, with most transactions falling within a stable range of RM 505K to RM 900K, and a typical market range of RM 518K to RM 888K.
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 446, though individual units vary from RM 329 to RM 563 in the core range. The broader market spans RM 297.38 to RM 594.63, indicating diverse property characteristics. A wider spread (IQR: RM 297.25) and deviation (MAD: RM 117) 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.