BANDAR BUTTERWORTH
Commercial Market
Median Price
RM 801,500
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 18 subsale transactions in 2024, with a median price of RM 802K and a median price per square foot (PSF) of RM 404.
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 802K, with most transactions falling within a stable range of RM 375K to RM 1.23 million, and a typical market range of RM 585K to RM 1.02 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 404, though individual units vary from RM 184 to RM 623 in the core range. The broader market spans RM 240.13 to RM 566.88, indicating diverse property characteristics. A wider spread (IQR: RM 326.75) and deviation (MAD: RM 219) 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
18 properties grouped by size
| Road | Price | PSF | Size | Date | Type |
|---|
|
RM 280,000
|
RM 406.00
|
689 sqft
|
Feb 2024
|
|
JALAN KAMPONG GAJAH
|
RM 755,000
|
RM 948.00
|
797 sqft
|
Jan 2024
|
|
|
JALAN KAMPONG GAJAH
|
RM 755,000
|
RM 923.00
|
818 sqft
|
Jan 2024
|
|
LORONG BAGAN LUAR 3
|
RM 330,000
|
RM 320.00
|
1,031 sqft
|
Jul 2024
|
|
JALAN KAMPUNG JAWA
|
RM 382,000
|
RM 335.00
|
1,141 sqft
|
Jun 2024
|
|
JALAN KAMPONG GAJAH
|
RM 1,050,000
|
RM 820.00
|
1,281 sqft
|
Jan 2024
|
|
JALAN KAMPUNG BENGGALI
|
RM 750,000
|
RM 527.00
|
1,422 sqft
|
May 2024
|
Double Storey Shop |
|
LRG KPG GAJAH 2
|
RM 520,000
|
RM 372.00
|
1,399 sqft
|
Feb 2024
|
3-Storey Storey Shop |
|
LRG BAGAN LUAR 2
|
RM 485,000
|
RM 345.00
|
1,407 sqft
|
Jan 2024
|
Double Storey Shop |
|
JLN KG PAYA
|
RM 900,000
|
RM 563.00
|
1,600 sqft
|
Aug 2024
|
|
|
JLN BAGAN LUAR
|
RM 650,000
|
RM 401.00
|
1,622 sqft
|
Feb 2024
|
|
JALAN KPG BENGGALI
|
RM 850,000
|
RM 517.00
|
1,644 sqft
|
Mar 2024
|
|
JLN KPG GAJAH
|
RM 848,000
|
RM 505.00
|
1,679 sqft
|
Jul 2024
|
|
JALAN BAGAN LUAR
|
RM 1,250,000
|
RM 607.00
|
2,060 sqft
|
Aug 2024
|
|
JALAN KAMPUNG JAWA
|
RM 1,241,000
|
RM 335.00
|
3,703 sqft
|
Jun 2024
|
|
JALAN KAMPUNG JAWA
|
RM 1,677,000
|
RM 335.00
|
5,005 sqft
|
Jun 2024
|
|
JALAN KPG BENGGALI
|
RM 1,556,000
|
RM 182.00
|
8,562 sqft
|
Feb 2024
|
|
JLN KG BENGGALI
|
RM 1,644,000
|
RM 182.00
|
9,052 sqft
|
Feb 2024
|