Taman Seri Teratai
14, Lorong Teratai, Taman Teratai, 13400 Butterworth, Pulau Pinang, Malaysia
14, Lorong Teratai, Taman Teratai, 13400 Butterworth, Pulau Pinang, Malaysia
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Selling in Taman Seri Teratai? Homes here sold for a median of RM820,000.
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Taman Seri Teratai
PSF median price per sq ft · 12m its change over the past 12 months
Most-traded areas in this mukim, by number of recorded subsale transactions. See every area in 14
Market Snapshot
ResidentialRM820,000
RM586 psfMedian transaction price
14, Lorong Teratai, Taman Teratai, 13400 Butterworth, Pulau Pinang, Malaysia
MapsTaman Seri Teratai in Seberang Perai Utara, Penang recorded 0 subsale transactions in 2021, with a median price of RM820K and a median price per square foot (PSF) of RM586.
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 RM820K, with most transactions falling within a stable range of RM810K to RM830K, and a typical market range of RM815K to RM825K.
Most transactions involved 2 - 2 1/2 storey terraced, with minimal variety in property types.
For price per square foot, the median is RM586, with most transactions between RM578 and RM594. The usual range is RM577.13 to RM594.88, showing that most units are priced quite close to each other. A typical spread (IQR) of RM17.75 and an average deviation (MAD) of RM8 indicate a highly stable PSF trend across properties.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.