Penang, Seberang Perai Utara, Butterworth

TAMAN JAWA

Area Intelligence

2023

Median Price

RM 750,000

PSF: RM 383

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Residential PSF Trends

Median Price

RM 750,000

PSF: RM 383

TAMAN JAWA in Seberang Perai Utara, Penang recorded 3 subsale transactions in 2023, with a median price of RM 750K and a median price per square foot (PSF) of RM 383.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 750K, with most transactions falling within a stable range of RM 750K to RM 780K, and a typical market range of RM 750K to RM 770K.

Most transactions involved 2 - 2 1/2 storey terraced, with minimal variety in property types.

The median PSF stands at RM 383, with core pricing between RM 307 and RM 459. Market pricing typically extends from RM 365.00 to RM 401.00, reflecting moderate variation in unit pricing. The spread of RM 36.00 (IQR) and deviation of RM 76 (MAD) suggest moderate price variations reflecting different property features.

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 JAWA, Seberang Perai Utara, Penang

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