Taman Ratna

13050 Butterworth, Pulau Pinang, Malaysia

Property Transactions

4 subsales found

Price Size
Period
transactions middle 50% (P25–P75)
RM550,000
Jalan Nakhoda
1,733 sqft RM317 PSF
RM60,000
Level 4
839 sqft RM72 PSF
RM120,000
Level 1
915 sqft RM131 PSF
RM515,000
Jalan Nakhoda
1,733 sqft RM297 PSF
Legend Recent Highest Price Highest PSF

Selling in Taman Ratna? Homes here sold for a median of RM317,500.

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Market Snapshot

Residential

RM317,500

RM214 psf

Median transaction price

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Taman Ratna, 13050 Butterworth, Pulau Pinang, Malaysia

Maps

Taman Ratna in Seberang Perai Utara, Penang recorded 4 subsale transactions in 2022, with a median price of RM318K and a median price per square foot (PSF) of RM214.

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 RM318K, with most transactions falling within a stable range of RM95K to RM540K, and a typical market range of RM88K to RM548K.

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

Price per square foot shows a median of RM214, though individual units vary from RM109 to RM320 in the core range. The broader market spans RM130.17 to RM298.17, indicating diverse property characteristics. A wider spread (IQR: RM168.00) and deviation (MAD: RM105) indicate significant PSF variations, likely due to diverse property types or conditions.

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.