Bandar Butterworth
Butterworth, Penang, Malaysia
Butterworth, Penang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Kampong Gajah
|
RM 550,000
|
RM 376
|
1,464 sqft
|
|
2-Sty Shop |
|
Jalan Kampong Gajah
|
RM 492,000
|
RM 336
|
1,464 sqft
|
|
2-Sty Terrace |
|
Jalan Pantai
|
RM 450,000
|
RM 230
|
1,959 sqft
|
|
|
Lorong Bagan Luar 3
|
RM 600,000
|
RM 284
|
2,110 sqft
|
|
|
Jalan Bagan Luar
|
RM 600,000
|
RM 279
|
2,153 sqft
|
|
|
Jalan Kampung Benggali
|
RM 800,000
|
RM 359
|
2,228 sqft
|
|
|
Jalan Kampung Gajah/Jalan Bagan
|
RM 600,000
|
RM 249
|
2,411 sqft
|
|
|
|
Jalan Kampung Gajah
|
RM 705,000
|
RM 292
|
2,411 sqft
|
|
|
Jalan Kpg Benggali
|
RM 400,000
|
RM 134
|
2,982 sqft
|
|
|
Jalan Kpg Paya
|
RM 600,000
|
RM 173
|
3,466 sqft
|
|
|
Jalan Siram
|
RM 1,200,000
|
RM 291
|
4,123 sqft
|
|
|
Jalan Kampung Gajah(Komp Perda)
|
RM 950,000
|
RM 208
|
4,575 sqft
|
|
|
Lorong Kampong Jawa
|
RM 1,700,000
|
RM 361
|
4,704 sqft
|
|
|
|
Lorong Kampong Jawa
|
RM 1,700,000
|
RM 361
|
4,704 sqft
|
|
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Market Snapshot
CommercialRM 600,000
RM 284 psfMedian transaction price
Butterworth, Penang, Malaysia
MapsBandar Butterworth in Seberang Perai Utara, Penang recorded 14 subsale transactions in 2023, with a median price of RM 600K and a median price per square foot (PSF) of RM 288.
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 600K, with most transactions falling within a stable range of RM 400K to RM 1.01 million, and a typical market range of RM 415K to RM 785K.
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 288, though individual units vary from RM 215 to RM 360 in the core range. The broader market spans RM 139.12 to RM 436.37, indicating diverse property characteristics. A wider spread (IQR: RM 297.25) and deviation (MAD: RM 72) 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.