Taman I & P

23, Jalan Bunga Raya Merah 2, Kaw Perniagaan Raja Uda, 12300 Butterworth, Pulau Pinang, Malaysia

Property Transactions

4 subsales grouped by size

Median
RM 785,000
PSF
RM 341
Price Size
Period
transactions middle 50% (P25–P75)
1,350 sqft
Terrace
RM 460,000
Jalan Bunga Tanjung 5
1,340 sqft · RM 343 PSF
1,450 sqft
2-Sty Terrace
RM 520,000
Jalan Bunga Tanjung 3
1,464 sqft · RM 355 PSF
3,300 sqft
Semi-D
RM 1,108,000
Lorong Bunga Tanjung 2
3,280 sqft · RM 338 PSF
RM 1,050,000
Lorong Bunga Tanjung 2
3,280 sqft · RM 320 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM 785,000

RM 341 psf

Median transaction price

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23, Jalan Bunga Raya Merah 2, Kaw Perniagaan Raja Uda, 12300 Butterworth, Pulau Pinang, Malaysia

Maps

Taman I & P in Seberang Perai Utara, Penang recorded 4 subsale transactions between 2021 and 2026, with a median price of RM 785K and a median price per square foot (PSF) of RM 341.

This area contains both residential and commercial properties. View 7 residential properties or 1 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 785K, with most transactions falling within a stable range of RM 489K to RM 1.08 million, and a typical market range of RM 494K to RM 1.08 million.

Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.

For price per square foot, the median is RM 341, with most transactions between RM 328 and RM 353. The usual range is RM 313.93 to RM 367.18, showing that most units are priced quite close to each other. With an IQR of RM 53.25 and MAD of RM 13, 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.