TAMAN SEGAR INDAH (BUTTERWORTH)

Area Intelligence

2022

Median Price

RM 165,000

PSF: RM 274

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Residential PSF Trends

Median Price

RM 165,000

PSF: RM 274

TAMAN SEGAR INDAH (BUTTERWORTH) in Seberang Perai Utara, Penang recorded 3 subsale transactions in 2022, with a median price of RM 165K and a median price per square foot (PSF) of RM 274.

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 165K, with most transactions falling within a stable range of RM 165K to RM 196K, and a typical market range of RM 165K to RM 230K.

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

The median PSF stands at RM 274, with core pricing between RM 226 and RM 322. Market pricing typically extends from RM 129.00 to RM 419.00, reflecting moderate variation in unit pricing. The spread of RM 290.00 (IQR) and deviation of RM 48 (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. 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 SEGAR INDAH (BUTTERWORTH), Seberang Perai Utara, Penang

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