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 490,000
PSF
RM 336
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
RM 450,000
Jalan Bunga Tanjung 4
1,372 sqft · RM 328 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 1,050,000
Lorong Bunga Tanjung 2
3,280 sqft · RM 320 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM 490,000

RM 336 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 in 2024, with a median price of RM 490K and a median price per square foot (PSF) of RM 336.

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 740K, and a typical market range of RM 450K to RM 781K.

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 336, with most transactions between RM 322 and RM 349. The usual range is RM 309.02 to RM 362.27, showing that most units are priced quite close to each other. With an IQR of RM 53.25 and MAD of RM 14, 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.