TAMAN SEGAR INDAH (BUTTERWORTH)

Area Intelligence
2023
Median Price
RM 740,000
PSF: RM 568

Residential PSF Trends

Median Price

RM 745,000

PSF: RM 572

TAMAN SEGAR INDAH (BUTTERWORTH) in Seberang Perai Utara, Penang recorded 5 subsale transactions in 2023, with a median price of RM 740K and a median price per square foot (PSF) of RM 568.

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 740K, with most transactions falling within a stable range of RM 655K to RM 825K, and a typical market range of RM 451K to RM 1.03 million.

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

The median PSF stands at RM 568, with core pricing between RM 467 and RM 669. Market pricing typically extends from RM 423.00 to RM 713.00, reflecting moderate variation in unit pricing. The spread of RM 290.00 (IQR) and deviation of RM 101 (MAD) suggest moderate price variations reflecting different property features.

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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