Taman Riang (Spu)
Taman Riang, 12300 Butterworth, Pulau Pinang, Malaysia
Taman Riang, 12300 Butterworth, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Solok Riang
|
RM 550,000
|
RM 378
|
1,453 sqft
|
|
|
|
Tkt Riang
|
RM 630,000
|
RM 440
|
1,432 sqft
|
|
|
Solok Riang
|
RM 490,000
|
RM 312
|
1,572 sqft
|
|
|
Lorong Riang
|
RM 978,000
|
RM 528
|
1,851 sqft
|
|
|
|
Lorong Riang
|
RM 938,000
|
RM 507
|
1,851 sqft
|
|
|
|
Lorong Riang
|
RM 1,300,000
|
RM 702
|
1,851 sqft
|
|
|
|
Lorong Riang
|
RM 1,370,000
|
RM 740
|
1,851 sqft
|
|
|
|
Lorong Riang
|
RM 918,000
|
RM 496
|
1,851 sqft
|
|
|
Solok Riang
|
RM 800,000
|
RM 418
|
1,916 sqft
|
|
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Market Snapshot
ResidentialRM 918,000
RM 496 psfMedian transaction price
Taman Riang, 12300 Butterworth, Pulau Pinang, Malaysia
MapsTaman Riang (Spu) in Seberang Perai Utara, Penang recorded 9 subsale transactions in 2022, with a median price of RM 918K and a median price per square foot (PSF) of RM 496.
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 918K, with most transactions falling within a stable range of RM 627K to RM 1.21 million, and a typical market range of RM 705K to RM 1.13 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 496, though individual units vary from RM 363 to RM 629 in the core range. The broader market spans RM 342.09 to RM 649.59, indicating diverse property characteristics. A wider spread (IQR: RM 307.50) and deviation (MAD: RM 133) 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.