Taman Hong

Lorong Melur 19, Taman Sin Tat, 12300 Butterworth, Pulau Pinang, Malaysia

Property Transactions

7 subsales grouped by road

Period
transactions middle 50% (P25–P75)
RM700,000
3,563 sqft
RM196 PSF
RM680,000
3,563 sqft
RM191 PSF
RM620,000
3,563 sqft
RM174 PSF
RM600,000
3,563 sqft
RM168 PSF
RM560,000
3,563 sqft
RM157 PSF
RM380,000
1,722 sqft
RM221 PSF
RM450,000
1,722 sqft
RM261 PSF
Legend Recent Highest Price Highest PSF

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Lorong Melur 19, Taman Sin Tat, 12300 Butterworth, Pulau Pinang, Malaysia

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Taman Hong in Seberang Perai Utara, Penang recorded 7 subsale transactions between 2021 and 2026, with a median price of RM600K and a median price per square foot (PSF) of RM191.

This area contains both residential and commercial properties. View 2 residential properties or 5 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM600K, with most transactions falling within a stable range of RM520K to RM680K, and a typical market range of RM528K to RM673K.

Most transactions involved 3 - 3 1/2 storey shop, though some variety exists in the market.

Price per square foot shows a median of RM191, though individual units vary from RM134 to RM248 in the core range. The broader market spans RM129.86 to RM251.86, indicating diverse property characteristics. A wider spread (IQR: RM122.00) and deviation (MAD: RM57) indicate significant PSF variations, likely due to diverse property types or conditions.

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.