Taman Mawar
12300 Butterworth, Pulau Pinang, Malaysia
12300 Butterworth, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Lorong Mawar 2
|
RM 490,000
|
RM 340
|
1,442 sqft
|
|
|
Lintang Mawar 3
|
RM 725,000
|
RM 432
|
1,679 sqft
|
|
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Market Snapshot
ResidentialRM 607,500
RM 386 psfMedian transaction price
Taman Mawar, 12300 Butterworth, Pulau Pinang, Malaysia
MapsTaman Mawar in Seberang Perai Utara, Penang recorded 2 subsale transactions in 2022, with a median price of RM 608K and a median price per square foot (PSF) of RM 386.
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 608K, with most transactions falling within a stable range of RM 490K to RM 725K, and a typical market range of RM 516K to RM 699K.
Most transactions involved 2 - 2 1/2 storey terraced, with minimal variety in property types.
The median PSF stands at RM 386, with core pricing between RM 340 and RM 432. Market pricing typically extends from RM 322.37 to RM 449.12, reflecting moderate variation in unit pricing. With an IQR of RM 126.75 and MAD of RM 46, the PSF demonstrates reasonable consistency across the market.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.