Taman Ratna
13050 Butterworth, Pulau Pinang, Malaysia
13050 Butterworth, Pulau Pinang, Malaysia
Property Type
| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 1
|
RM125,000
|
RM147
|
848 sqft
|
|
|
|
Level 1
|
RM135,000
|
RM159
|
848 sqft
|
|
|
|
Level 2
|
RM140,000
|
RM165
|
848 sqft
|
|
|
|
Level 4
|
RM60,000
|
RM72
|
839 sqft
|
|
|
Lorong Nakhoda 2
|
RM450,000
|
RM340
|
1,324 sqft
|
|
|
Jalan Nakhoda
|
RM500,000
|
RM289
|
1,733 sqft
|
|
2-Sty Terrace |
|
Jalan Teluk Air Tawar
|
RM610,000
|
RM350
|
1,744 sqft
|
|
2-Sty Shop |
|
Jalan Lebuh Nakhoda
|
RM595,000
|
RM233
|
2,551 sqft
|
|
Selling in Taman Ratna? Homes here sold for a median of RM295,000.
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Nearby areas in 7
Taman Air Tawar Indah
Taman Bayu Aman
Taman Senangan
Taman Ratna
Taman Sejahtera Indah (Spu)
Quayside Clear Water Bay
Taman Wira
Taman Teluk Molek
Taman Telok Air Tawar
Taman Seri Senangan
Pangsapuri Seri Molek/Wira
Taman Seri Tawar
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
Market Snapshot
ResidentialRM140,000
RM165 psfMedian transaction price
Taman Ratna, 13050 Butterworth, Pulau Pinang, Malaysia
MapsTaman Ratna in Seberang Perai Utara, Penang recorded 8 subsale transactions in 2023, with a median price of RM295K and a median price per square foot (PSF) of RM199.
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 RM295K, with most transactions falling within a stable range of RM77K to RM513K, and a typical market range of RM65K to RM525K.
Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.
Price per square foot shows a median of RM199, though individual units vary from RM106 to RM293 in the core range. The broader market spans RM115.17 to RM283.17, indicating diverse property characteristics. A wider spread (IQR: RM168.00) and deviation (MAD: RM94) 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.