Penang, Seberang Perai Utara, Butterworth

TAMAN CANTIK

Area Intelligence

2024

Median Price

RM 440,000

PSF: RM 352

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Residential PSF Trends

Median Price

RM 440,000

PSF: RM 352

Commercial PSF Trends

Median Price

RM 540,000

RM 469 PSF

TAMAN CANTIK in Seberang Perai Utara, Penang recorded 3 subsale transactions in 2024, with a median price of RM 440K and a median price per square foot (PSF) of RM 352.

This area contains both residential and commercial properties. View 4 residential properties or 3 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 440K, with most transactions falling within a stable range of RM 400K to RM 564K, and a typical market range of RM 400K to RM 543K.

Most transactions involved terraced factory/warehouse, with moderate diversity in property types available.

Price per square foot shows a median of RM 352, though individual units vary from RM 239 to RM 465 in the core range. The broader market spans RM 309.00 to RM 395.00, indicating diverse property characteristics. A wider spread (IQR: RM 86.00) and deviation (MAD: RM 113) 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN CANTIK, Seberang Perai Utara, Penang

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