Penang, Seberang Perai Utara, Butterworth

TAMAN HONG

Area Intelligence

Median Price

RM 415,000

PSF: RM 241

TAMAN HONG in Seberang Perai Utara, Penang recorded 2 subsale transactions between 2021 and 2025, priced up to RM 500K, with a median price of RM 415K and a median price per square foot (PSF) of RM 241.

This area contains both residential and commercial properties. View 2 residential properties or 5 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 380K to RM 450K, and a typical market range of RM 380K to RM 450K.

Most transactions involved 3 - 3 1/2 storey shop, though some variety exists in the market.

For price per square foot, the median is RM 241, with most transactions between RM 221 and RM 261. The usual range is RM 179.97 to RM 301.97, showing that most units are priced quite close to each other. With an IQR of RM 122.00 and MAD of RM 20, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN HONG, Seberang Perai Utara, Penang

OSM