Taman Ratna

13050 Butterworth, Pulau Pinang, Malaysia

Property Transactions

7 subsales found

Price Size
Period
transactions middle 50% (P25–P75)
RM590,000
Jalan Nakhoda
1,733 sqft RM340 PSF
RM600,000
Jalan Nakhoda
1,733 sqft RM346 PSF
RM690,000
Jalan Telok Air Tawar
1,744 sqft RM396 PSF
RM500,000
Jalan Nakhoda
1,733 sqft RM289 PSF
RM610,000
Jalan Teluk Air Tawar
1,744 sqft RM350 PSF
RM550,000
Jalan Nakhoda
1,733 sqft RM317 PSF
RM515,000
Jalan Nakhoda
1,733 sqft RM297 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM550,000

RM317 psf

Median transaction price

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Taman Ratna, 13050 Butterworth, Pulau Pinang, Malaysia

Maps

Taman Ratna in Seberang Perai Utara, Penang recorded 7 subsale transactions between 2021 and 2026, sized between 1,725 and 1,774 sqft, with a median price of RM590K and a median price per square foot (PSF) of RM340.

This area contains both residential and commercial properties. View 15 residential properties or 2 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM590K, with most transactions falling within a stable range of RM530K to RM650K, and a typical market range of RM500K to RM690K.

Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.

For price per square foot, the median is RM340, with most transactions between RM307 and RM374. The usual range is RM256.45 to RM424.45, showing that most units are priced quite close to each other. With an IQR of RM168.00 and MAD of RM34, 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.