Kompleks Chain Ferry
12100 Butterworth, Pulau Pinang, Malaysia
12100 Butterworth, Pulau Pinang, Malaysia
Property Type
| Road | Price | PSF | Size | Date | Type |
|---|
|
Tkt Limbungan 1
|
RM 320,000
|
RM 186
|
1,722 sqft
|
|
|
Tingkat Limbongan 2
|
RM 510,000
|
RM 274
|
1,862 sqft
|
|
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Kompleks Chain Ferry, 12100 Butterworth, Pulau Pinang, Malaysia
MapsKompleks Chain Ferry in Seberang Perai Utara, Penang recorded 2 subsale transactions in 2023, with a median price of RM 415K and a median price per square foot (PSF) of RM 230.
This area contains both residential and commercial properties. View 3 residential properties or 4 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 415K, with most transactions falling within a stable range of RM 320K to RM 510K, and a typical market range of RM 340K to RM 490K.
Most transactions involved 2 - 2 1/2 storey shop, though some variety exists in the market.
The median PSF stands at RM 230, with core pricing between RM 186 and RM 274. Market pricing typically extends from RM 214.59 to RM 245.09, reflecting moderate variation in unit pricing. The spread of RM 30.50 (IQR) and deviation of RM 44 (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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.