Penang, Seberang Perai Utara, Butterworth

TAMAN HONG

Area Intelligence

2025

Median Price

RM 540,000

PSF: RM 369

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Residential PSF Trends

Median Price

RM 380,000

PSF: RM 237

Commercial PSF Trends

Median Price

RM 700,000

RM 500 PSF

TAMAN HONG in Seberang Perai Utara, Penang recorded 2 subsale transactions in 2025, with a median price of RM 540K and a median price per square foot (PSF) of RM 369.

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.

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 369, with most transactions between RM 369 and RM 369. The usual range is RM 307.50 to RM 429.50, showing that most units are priced quite close to each other. With an IQR of RM 122.00 and MAD of RM 0, 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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN HONG, Seberang Perai Utara, Penang

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