Penang, Seberang Perai Utara, Butterworth

TAMAN I & P

Area Intelligence

Median Price

RM 490,000

PSF: RM 366

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Residential PSF Trends

Median Price

RM 490,000

PSF: RM 366

TAMAN I & P in Seberang Perai Utara, Penang recorded 5 subsale transactions between 2021 and 2025, with a median price of RM 490K and a median price per square foot (PSF) of RM 366.

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 490K, with most transactions falling within a stable range of RM 450K to RM 533K, and a typical market range of RM 450K to RM 568K.

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

The median PSF stands at RM 366, with core pricing between RM 329 and RM 403. Market pricing typically extends from RM 339.38 to RM 392.63, reflecting moderate variation in unit pricing. With an IQR of RM 53.25 and MAD of RM 37, 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.

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TAMAN I & P, Seberang Perai Utara, Penang

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Transactions

5 transactions grouped by size

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

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Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

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Road	Price	Land PSF	Land	Date	Type

1,300 sqft

Double Storey Terraced

1,300 sqft

Double Storey Terraced

RM 568,000

JALAN BUNGA TANJUNG 1

1,312 sqft · RM 433 PSF

Oct 2023

JALAN BUNGA TANJUNG 1

RM 568,000

RM 433

1,312 sqft

Oct 2023

1,350 sqft

RM 460,000

JALAN BUNGA TANJUNG 5

1,340 sqft · RM 343 PSF

Oct 2024

RM 520,000

JALAN BUNGA TANJUNG 3

1,340 sqft · RM 388 PSF

Apr 2024

RM 450,000

JALAN BUNGA TANJUNG 4

1,372 sqft · RM 328 PSF

Mar 2024

RM 490,000

JALAN BUNGA TANJUNG 1

1,340 sqft · RM 366 PSF

Mar 2023

JALAN BUNGA TANJUNG 5	RM 460,000	RM 343	1,340 sqft	Oct 2024	Single Storey Terraced
JALAN BUNGA TANJUNG 3	RM 520,000	RM 388	1,340 sqft	Apr 2024	Double Storey Terraced
JALAN BUNGA TANJUNG 4	RM 450,000	RM 328	1,372 sqft	Mar 2024	Single Storey Terraced
JALAN BUNGA TANJUNG 1	RM 490,000	RM 366	1,340 sqft	Mar 2023	Double Storey Terraced