Penang, Seberang Perai Utara, Butterworth

TAMAN RIANG (SPU)

Area Intelligence

2023

Median Price

RM 620,000

PSF: RM 440

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Residential PSF Trends

Median Price

RM 620,000

PSF: RM 440

TAMAN RIANG (SPU) in Seberang Perai Utara, Penang recorded 7 subsale transactions in 2023, with a median price of RM 620K and a median price per square foot (PSF) of RM 440.

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 620K, with most transactions falling within a stable range of RM 385K to RM 855K, and a typical market range of RM 407K to RM 833K.

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 440, though individual units vary from RM 261 to RM 619 in the core range. The broader market spans RM 286.25 to RM 593.75, indicating diverse property characteristics. A wider spread (IQR: RM 307.50) and deviation (MAD: RM 179) 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. 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 RIANG (SPU), Seberang Perai Utara, Penang

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Transactions

7 transactions grouped by size

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

Custom Range

Min Price (RM)

Max Price (RM)

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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

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Road	Price	Land PSF	Land	Date	Type

1,200 sqft

Double Storey Terraced

1,200 sqft

Double Storey Terraced

RM 460,000

PERSIARAN RIANG

1,200 sqft · RM 383 PSF

Sep 2023

PERSIARAN RIANG

RM 460,000

RM 383

1,200 sqft

Sep 2023

1,350 sqft

Double Storey Terraced

1,350 sqft

Double Storey Terraced

RM 978,000

LORONG RIANG

1,335 sqft · RM 733 PSF

Oct 2023

LORONG RIANG

RM 978,000

RM 733

1,335 sqft

Oct 2023

1,400 sqft

Double Storey Terraced

1,400 sqft

Double Storey Terraced

RM 788,000

SOLOK RIANG

1,389 sqft · RM 568 PSF

Oct 2023

RM 615,000

TINGKAT RIANG

1,399 sqft · RM 440 PSF

Apr 2023

RM 1,038,000

LORONG RIANG

1,378 sqft · RM 753 PSF

Jan 2023

RM 620,000

TKT RIANG

1,410 sqft · RM 440 PSF

Jan 2023

SOLOK RIANG	RM 788,000	RM 568	1,389 sqft	Oct 2023
TINGKAT RIANG	RM 615,000	RM 440	1,399 sqft	Apr 2023
LORONG RIANG	RM 1,038,000	RM 753	1,378 sqft	Jan 2023
TKT RIANG	RM 620,000	RM 440	1,410 sqft	Jan 2023