Penang
Seberang Perai Utara
Butterworth
TAMAN SEGAR INDAH (BUTTERWORTH)

Penang, Seberang Perai Utara, Butterworth

TAMAN SEGAR INDAH (BUTTERWORTH)

Area Intelligence

2023

Median Price

RM 740,000

PSF: RM 568

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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 473K to RM 780K, and a typical market range of RM 451K to RM 780K.

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

Price per square foot shows a median of RM 568, though individual units vary from RM 451 to RM 685 in the core range. The broader market spans RM 423.00 to RM 713.00, indicating diverse property characteristics. The spread of RM 290.00 (IQR) and deviation of RM 117 (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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Transactions

5 transactions grouped by size

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

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Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

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Road	Price	Land PSF	Land	Date	Type

600 sqft

RM 245,000

Level G

614 sqft · RM 399 PSF

Nov 2023

RM 183,000

Level 1

603 sqft · RM 304 PSF

Mar 2023

Level G	RM 245,000	RM 399	614 sqft	Nov 2023	Shop/Retail Lot
Level 1	RM 183,000	RM 304	603 sqft	Mar 2023	Low-Cost Flat

1,300 sqft

Double Storey Terraced

1,300 sqft

Double Storey Terraced

RM 780,000

LORONG SEGAR INDAH 2

1,302 sqft · RM 599 PSF

Nov 2023

RM 740,000

LORONG SEGAR INDAH 4

1,302 sqft · RM 568 PSF

Nov 2023

RM 750,000

LORONG SEGAR INDAH 6

1,302 sqft · RM 576 PSF

May 2023

LORONG SEGAR INDAH 2	RM 780,000	RM 599	1,302 sqft	Nov 2023
LORONG SEGAR INDAH 4	RM 740,000	RM 568	1,302 sqft	Nov 2023
LORONG SEGAR INDAH 6	RM 750,000	RM 576	1,302 sqft	May 2023