Bandar Butterworth
Butterworth, Penang, Malaysia
Butterworth, Penang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Lorong Sungai Nyior 3
|
RM 650,000
|
RM 341
|
1,905 sqft
|
|
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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 1 subsale transactions in 2021, with a median price of RM 650K and a median price per square foot (PSF) of RM 341.
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.
Most transactions involved 2 - 2 1/2 storey shop, with high diversity across multiple property types.
For price per square foot, the median is RM 341, with most transactions between RM 341 and RM 341. The usual range is RM 192.55 to RM 489.80, showing that most units are priced quite close to each other. With an IQR of RM 297.25 and MAD of RM 0, the PSF demonstrates reasonable consistency across the market.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.