BANDAR BUTTERWORTH
Commercial Market
Median Price
RM 600,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Double Storey Shop
20 properties
Median Price
RM 700,000
+6.9% CAGR
Median PSF
RM 409.00
-8.9% CAGR
4-Storey Storey Shop
9 properties
Median Price
RM 1,202,500
-37.4% CAGR
Median PSF
RM 923.00
+1.0% CAGR
3-Storey Storey Shop
8 properties
Median Price
RM 848,000
-7.9% CAGR
Median PSF
RM 568.50
-16.0% CAGR
Single Storey Shop
2 properties
Median Price
RM 1,072,000
-69.6% CAGR
Median PSF
RM 246.50
+70.9% CAGR
Shop/Retail Lot
1 properties
Median Price
RM 280,000
Median PSF
RM 406.00
| Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
|---|---|---|---|---|---|---|
| Double Storey Shop | 20 |
RM 700,000
±100K MAD
|
+6.90% |
RM 409.00
±1 MAD
|
-8.94% | |
| 4-Storey Storey Shop | 9 |
RM 1,202,500
±448K MAD
|
-37.37% |
RM 923.00
±19 MAD
|
+1.05% | |
| 3-Storey Storey Shop | 8 |
RM 848,000
±73K MAD
|
-7.91% |
RM 568.50
±64 MAD
|
-15.96% | |
| Single Storey Shop | 2 |
RM 1,072,000
±572K MAD
|
-69.59% |
RM 246.50
±65 MAD
|
+70.88% | |
| Shop/Retail Lot | 1 |
RM 280,000
|
- |
RM 406.00
|
- |
BANDAR BUTTERWORTH in Seberang Perai Utara, Penang recorded 13 subsale transactions in 2023, with a median price of RM 600K and a median price per square foot (PSF) of RM 563.
This area consists exclusively of commercial properties, with no residential listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 600K, with most transactions falling within a stable range of RM 400K to RM 1.02 million, and a typical market range of RM 400K to RM 816K.
Most transactions involved 2 - 2 1/2 storey shop, with high diversity across multiple property types.
Price per square foot shows a median of RM 563, though individual units vary from RM 2 to RM 1,124 in the core range. The broader market spans RM 399.63 to RM 726.38, indicating diverse property characteristics. A wider spread (IQR: RM 326.75) and deviation (MAD: RM 561) 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.
Filter by type, year, price, and size
Transactions
13 properties grouped by size
| Road | Price | PSF | Size | Date | Type |
|---|
|
JALAN KAMPUNG GAJAH/JALAN BAGAN
|
RM 600,000
|
RM 743.00
|
807 sqft
|
Dec 2023
|
|
JALAN Kampung GAJAH
|
RM 705,000
|
RM 851.00
|
829 sqft
|
Jun 2023
|
|
|
LORONG KAMPONG JAWA
|
RM 1,700,000
|
RM 2,025.00
|
840 sqft
|
Jun 2023
|
|
|
LORONG KAMPONG JAWA
|
RM 1,700,000
|
RM 1,999.00
|
850 sqft
|
Jun 2023
|
|
JALAN PANTAI
|
RM 450,000
|
RM 391.00
|
1,152 sqft
|
May 2023
|
|
JALAN KPG BENGGALI
|
RM 400,000
|
RM 332.00
|
1,206 sqft
|
Nov 2023
|
|
|
JLN KPG PAYA
|
RM 600,000
|
RM 502.00
|
1,195 sqft
|
Nov 2023
|
|
JALAN KAMPONG GAJAH
|
RM 550,000
|
RM 409.00
|
1,344 sqft
|
Dec 2023
|
|
JALAN SIRAM
|
RM 1,200,000
|
RM 851.00
|
1,410 sqft
|
Oct 2023
|
3-Storey Storey Shop |
|
JALAN Kampung BENGGALI
|
RM 800,000
|
RM 563.00
|
1,422 sqft
|
Aug 2023
|
Double Storey Shop |
|
LORONG BAGAN LUAR 3
|
RM 600,000
|
RM 412.00
|
1,455 sqft
|
Jul 2023
|
|
JLN KG GAJAH(KOMP PERDA)
|
RM 950,000
|
RM 635.00
|
1,496 sqft
|
May 2023
|
|
JALAN BAGAN LUAR
|
RM 600,000
|
RM 256.00
|
2,342 sqft
|
May 2023
|