Bandar Butterworth
Butterworth, Penang, Malaysia
Butterworth, Penang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Lorong Matahari
|
RM 430,000
|
RM 238
|
1,808 sqft
|
|
|
Jalan Bagan Luar
|
RM 700,000
|
RM 310
|
2,260 sqft
|
|
|
Jalan Kpg Benggali
|
RM 900,000
|
RM 353
|
2,551 sqft
|
|
|
Lorong Perniagaan Melur
|
RM 800,000
|
RM 310
|
2,583 sqft
|
|
|
Jalan Kpg Benggali
|
RM 590,000
|
RM 222
|
2,659 sqft
|
|
|
|
Lorong Bagan Luar 2
|
RM 460,000
|
RM 173
|
2,659 sqft
|
|
|
Jalan Chain Ferry
|
RM 1,000,000
|
RM 249
|
4,015 sqft
|
|
|
Jalan Bagan Luar
|
RM 880,000
|
RM 182
|
4,844 sqft
|
|
|
Jalan Bagan Luar
|
RM 2,970,000
|
RM 294
|
10,118 sqft
|
|
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Market Snapshot
CommercialRM 840,000
RM 271 psfMedian transaction price
Butterworth, Penang, Malaysia
MapsBandar Butterworth in Seberang Perai Utara, Penang recorded 9 subsale transactions in 2022, with a median price of RM 800K and a median price per square foot (PSF) of RM 249.
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 800K, with most transactions falling within a stable range of RM 430K to RM 1.53 million, and a typical market range of RM 615K to RM 985K.
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 249, though individual units vary from RM 191 to RM 307 in the core range. The broader market spans RM 100.45 to RM 397.70, indicating diverse property characteristics. The spread of RM 297.25 (IQR) and deviation of RM 58 (MAD) suggest moderate price variations reflecting different property features.
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.