Taman B
Lorong Melur 19, Taman Sin Tat, 12300 Butterworth, Pulau Pinang, Malaysia
Lorong Melur 19, Taman Sin Tat, 12300 Butterworth, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Lorong Melur 14
|
RM 350,000
|
RM 292
|
1,199 sqft
|
|
|
Lorong Melur 12
|
RM 320,000
|
RM 253
|
1,263 sqft
|
|
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Market Snapshot
ResidentialRM 335,000
RM 273 psfMedian transaction price
Lorong Melur 19, Taman Sin Tat, 12300 Butterworth, Pulau Pinang, Malaysia
MapsTaman B in Seberang Perai Utara, Penang recorded 2 Single Storey Terraced properties subsale transactions between 2021 and 2026, with a median price of RM 335K and a median price per square foot (PSF) of RM 273.
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 335K, with most transactions falling within a stable range of RM 320K to RM 350K, and a typical market range of RM 320K to RM 350K.
Within the Single Storey Terraced category, 1 - 1 1/2 storey terraced dominated the market, though some variety exists in the market.
For price per square foot, the median is RM 273, with most transactions between RM 253 and RM 292. The usual range is RM 252.65 to RM 292.65, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 40.00 and an average deviation (MAD) of RM 19 indicate a highly stable PSF trend across properties.
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.