BANDAR BUTTERWORTH
Commercial Market
Median Price
RM 840,000
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 8 subsale transactions in 2022, with a median price of RM 840K and a median price per square foot (PSF) of RM 533.
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 840K, with most transactions falling within a stable range of RM 460K to RM 1.59 million, and a typical market range of RM 624K to RM 1.06 million.
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 533, though individual units vary from RM 281 to RM 784 in the core range. The broader market spans RM 369.13 to RM 695.88, indicating diverse property characteristics. A wider spread (IQR: RM 326.75) and deviation (MAD: RM 251) 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
8 properties grouped by size
| Road | Price | PSF | Size | Date | Type |
|---|
|
LRG PERNIAGAAN MELUR
|
RM 800,000
|
RM 585.00
|
1,367 sqft
|
Jul 2022
|
Double Storey Shop |
|
JALAN BAGAN LUAR
|
RM 880,000
|
RM 654.00
|
1,345 sqft
|
Jul 2022
|
4-Storey Storey Shop |
|
LORONG BAGAN LUAR 2
|
RM 460,000
|
RM 325.00
|
1,414 sqft
|
May 2022
|
Double Storey Shop |
|
JLN CHAIN FERRY
|
RM 1,000,000
|
RM 715.00
|
1,399 sqft
|
Jan 2022
|
3-Storey Storey Shop |
|
JALAN KPG BENGGALI
|
RM 590,000
|
RM 361.00
|
1,635 sqft
|
Sep 2022
|
|
JALAN BAGAN LUAR
|
RM 700,000
|
RM 410.00
|
1,709 sqft
|
May 2022
|
|
JALAN KPG BENGGALI
|
RM 900,000
|
RM 480.00
|
1,876 sqft
|
Jan 2022
|
|
JALAN BAGAN LUAR
|
RM 2,970,000
|
RM 1,154.00
|
2,573 sqft
|
Sep 2022
|