Penang, Seberang Perai Utara, Butterworth

TAMAN B

Area Intelligence

Median Price

RM 350,000

PSF: RM 292

TAMAN B in Seberang Perai Utara, Penang recorded 3 subsale transactions between 2021 and 2025, with a median price of RM 350K and a median price per square foot (PSF) of RM 292.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 350K, with most transactions falling within a stable range of RM 320K to RM 380K, and a typical market range of RM 320K to RM 483K.

Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.

The median PSF stands at RM 292, with core pricing between RM 253 and RM 331. Market pricing typically extends from RM 272.00 to RM 312.00, reflecting moderate variation in unit pricing. With an IQR of RM 40.00 and MAD of RM 39, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN B, Seberang Perai Utara, Penang

OSM