Taman Riang (Spu)
Taman Riang, 12300 Butterworth, Pulau Pinang, Malaysia
Taman Riang, 12300 Butterworth, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Lorong Riang
|
RM 938,000
|
RM 507
|
1,851 sqft
|
|
|
|
Lorong Riang
|
RM 938,000
|
RM 507
|
1,851 sqft
|
|
|
|
Lorong Riang
|
RM 918,000
|
RM 496
|
1,851 sqft
|
|
|
|
Lorong Riang
|
RM 918,000
|
RM 496
|
1,851 sqft
|
|
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Market Snapshot
ResidentialRM 928,000
RM 501 psfMedian transaction price
Taman Riang, 12300 Butterworth, Pulau Pinang, Malaysia
MapsTaman Riang (Spu) in Seberang Perai Utara, Penang recorded 4 subsale transactions in 2021, with a median price of RM 928K and a median price per square foot (PSF) of RM 501.
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 928K, with most transactions falling within a stable range of RM 918K to RM 938K, and a typical market range of RM 918K to RM 938K.
Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.
For price per square foot, the median is RM 501, with most transactions between RM 496 and RM 507. The usual range is RM 347.50 to RM 655.00, showing that most units are priced quite close to each other. With an IQR of RM 307.50 and MAD of RM 5, 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.