Taman Riang (Spu)
Taman Riang, 12300 Butterworth, Pulau Pinang, Malaysia
Taman Riang, 12300 Butterworth, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Tkt Riang
|
RM 618,000
|
RM 432
|
1,432 sqft
|
|
|
Off Jalan Kampung Gajah
|
RM 460,000
|
RM 293
|
1,572 sqft
|
|
|
Lengkok Riang
|
RM 1,320,000
|
RM 766
|
1,722 sqft
|
|
|
Lorong Riang
|
RM 1,051,000
|
RM 568
|
1,851 sqft
|
|
|
|
Lorong Riang
|
RM 1,051,000
|
RM 568
|
1,851 sqft
|
|
|
|
Lorong Riang
|
RM 1,051,000
|
RM 568
|
1,851 sqft
|
|
|
Jalan Riang
|
RM 1,693,000
|
RM 725
|
2,336 sqft
|
|
|
Jalan Kampung Gajah
|
RM 1,400,000
|
RM 313
|
4,467 sqft
|
|
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Market Snapshot
ResidentialRM 1,051,000
RM 568 psfMedian transaction price
Taman Riang, 12300 Butterworth, Pulau Pinang, Malaysia
MapsTaman Riang (Spu) in Seberang Perai Utara, Penang recorded 8 subsale transactions between 2021 and 2026, with a median price of RM 1.05 million and a median price per square foot (PSF) of RM 568.
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 1.05 million, with most transactions falling within a stable range of RM 674K to RM 1.43 million, and a typical market range of RM 838K to RM 1.26 million.
Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.
Price per square foot shows a median of RM 568, though individual units vary from RM 405 to RM 730 in the core range. The broader market spans RM 413.93 to RM 721.43, indicating diverse property characteristics. A wider spread (IQR: RM 307.50) and deviation (MAD: RM 162) indicate significant PSF variations, likely due to diverse property types or conditions.
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.