LIST

Penang, Seberang Perai Utara, Butterworth

TAMAN MERBAU JAYA (BUTTERWORTH SEK 1)

Area Intelligence
Median Price
RM 251,000
PSF: RM 320
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Residential PSF Trends

Median Price

RM 251,000

PSF: RM 320

TAMAN MERBAU JAYA (BUTTERWORTH SEK 1) in Seberang Perai Utara, Penang recorded 6 subsale transactions between 2021 and 2025, with a median price of RM 251K and a median price per square foot (PSF) of RM 320.

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 251K, with most transactions falling within a stable range of RM 241K to RM 260K, and a typical market range of RM 245K to RM 258K.

Most transactions involved condominium/apartment, though some variety exists in the market.

For price per square foot, the median is RM 320, with most transactions between RM 307 and RM 332. The usual range is RM 311.25 to RM 327.75, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 16.50 and an average deviation (MAD) of RM 13 indicate a highly stable PSF trend across properties.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN MERBAU JAYA (BUTTERWORTH SEK 1), Seberang Perai Utara, Penang

OSM

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Transactions

6 transactions grouped by size

View Type

Grouped View Individual View

Property Type

All Types
Categories
Residential Commercial
Specific Types
Single Storey Semi-D Single Storey Shop Single Storey Terraced Double Storey Semi-D Double Storey Shop Double Storey Terraced 3-Storey Shop 4-Storey Shop 5-Storey Shop 6-Storey Shop Cluster House Condo/Apartment Bungalow Detached Factory Flat Industrial Unit Low-Cost Flat Low-Cost House Office Lot SOHO/SOFO/SOVO Semi-D Factory Service Apartment Shop/Retail Lot Terraced Factory Town House

Year

All Years 2025 2024 2023 2022 2021
Popular Ranges
Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+
Custom Range
Clear

Size Range (sqft)

Popular Ranges
Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft
Custom Range
Clear
800 sqft
Condo/Apartment
RM 252,000
Level 3
786 sqft · RM 321 PSF
RM 260,000
Level 3
786 sqft · RM 331 PSF
RM 237,000
Level 3
786 sqft · RM 302 PSF
RM 230,000
Level 4
786 sqft · RM 293 PSF
RM 250,000
Level 1
786 sqft · RM 318 PSF
RM 253,000
Level 1
786 sqft · RM 322 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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