TAMAN SEGAR INDAH (BUTTERWORTH)

Area Intelligence

2023

Median Price

RM 745,000

PSF: RM 447

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Residential PSF Trends

Median Price

RM 745,000

PSF: RM 447

TAMAN SEGAR INDAH (BUTTERWORTH) in Seberang Perai Utara, Penang recorded 2 subsale transactions in 2023, priced between RM 300K and RM 750K, with a median price of RM 745K and a median price per square foot (PSF) of RM 447.

This area contains both residential and commercial properties. View 14 residential properties or 1 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 745K, with most transactions falling within a stable range of RM 740K to RM 750K, and a typical market range of RM 740K to RM 750K.

Most transactions involved low-cost flat, with moderate diversity in property types available.

For price per square foot, the median is RM 447, with most transactions between RM 444 and RM 450. The usual range is RM 301.53 to RM 591.53, showing that most units are priced quite close to each other. With an IQR of RM 290.00 and MAD of RM 3, the PSF demonstrates reasonable consistency across the market.

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 SEGAR INDAH (BUTTERWORTH), Seberang Perai Utara, Penang

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