Penang, Seberang Perai Utara, Butterworth

TAMAN LIAN HUP

Area Intelligence

2022

Median Price

RM 480,000

PSF: RM 291

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TAMAN LIAN HUP in Seberang Perai Utara, Penang recorded 1 subsale transactions in 2022, priced between RM 300K and RM 750K, with a median price of RM 480K and a median price per square foot (PSF) of RM 291.

This area contains both residential and commercial properties. View 1 residential properties or 3 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat.

Most transactions involved 3 - 3 1/2 storey shop, though some variety exists in the market.

For price per square foot, the median is RM 291, with most transactions between RM 291 and RM 291. The usual range is RM 224.46 to RM 358.46, showing that most units are priced quite close to each other. With an IQR of RM 134.00 and MAD of RM 0, 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 LIAN HUP, Seberang Perai Utara, Penang

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