Taman Ratna
13050 Butterworth, Pulau Pinang, Malaysia
13050 Butterworth, Pulau Pinang, Malaysia
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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 7
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Market Snapshot
ResidentialRM450,000
RM256 psfMedian transaction price
Taman Ratna, 13050 Butterworth, Pulau Pinang, Malaysia
MapsTaman Ratna in Seberang Perai Utara, Penang recorded 0 subsale transactions in 2021, with a median price of RM500K and a median price per square foot (PSF) of RM269.
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 RM500K, with most transactions falling within a stable range of RM362K to RM638K, and a typical market range of RM270K to RM730K.
Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.
Price per square foot shows a median of RM269, though individual units vary from RM204 to RM334 in the core range. The broader market spans RM185.00 to RM353.00, indicating diverse property characteristics. The spread of RM168.00 (IQR) and deviation of RM65 (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.