Area Intelligence

BUTTERWORTH BUSINESS CITY CENTRE

3 properties
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Median Price
RM 2,400,000
PSF: RM 23

Commercial Market

Median Price

RM 2,400,000

IQR: RM 463
RM 23 PSF 95.3%

PSF Trends (2021-2025)

BUTTERWORTH BUSINESS CITY CENTRE in Seberang Perai Utara, Penang recorded 3 subsale transactions between 2021 and 2025, with a median price of RM 2.40 million and a median price per square foot (PSF) of RM 23.

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 2.40 million, with most transactions falling within a stable range of RM 2.39 million to RM 2.41 million, and a typical market range of RM 2.39 million to RM 2.50 million.

Most transactions involved 2 - 2 1/2 storey shop, with minimal variety in property types.

For price per square foot, the median is RM 23, with most transactions between RM 23 and RM 23. The usual range is RM 0.00 to RM 254.50, showing that most units are priced quite close to each other. With an IQR of RM 463.00 and MAD of RM 0, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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BUTTERWORTH BUSINESS CITY CENTRE, Seberang Perai Utara, Penang

OSM

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Transactions

3 properties grouped by size

2,950 sqft
1 units Double Storey Shop
RM 2,800,000
JALAN RAJA UDA
2,950 sqft · RM 949.00 PSF
Sep 2023
105,550 sqft
2 units Double Storey Shop
RM 2,400,000
JALAN RAJA UDA
105,529 sqft · RM 23.00 PSF
Mar 2024
RM 2,390,000
JALAN RAJA UDA
105,529 sqft · RM 23.00 PSF
Jul 2023