Taman I & P

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

Property Transactions

2 subsales grouped by size

Median
RM 529,000
PSF
RM 361
Price Size
Period
transactions middle 50% (P25–P75)
1,450 sqft
2-Sty Terrace
RM 568,000
Jalan Bunga Tanjung 1
1,464 sqft · RM 388 PSF
RM 490,000
Jalan Bunga Tanjung 1
1,464 sqft · RM 335 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM 529,000

RM 361 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 2 subsale transactions in 2023, with a median price of RM 529K and a median price per square foot (PSF) of RM 361.

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 529K, with most transactions falling within a stable range of RM 490K to RM 568K, and a typical market range of RM 490K to RM 568K.

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 361, with most transactions between RM 335 and RM 388. The usual range is RM 334.75 to RM 388.00, showing that most units are priced quite close to each other. With an IQR of RM 53.25 and MAD of RM 27, 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.