Taman Mewah

12100 Butterworth, Pulau Pinang, Malaysia

Property Transactions

10 subsales found

Median
RM150,000
PSF
RM199
Price Size
Period
transactions middle 50% (P25–P75)
RM150,000
Level 5
753 sqft RM199 PSF
RM142,000
Level 6
753 sqft RM188 PSF
RM170,000
Level 10
753 sqft RM226 PSF
RM163,000
Level 7
818 sqft RM199 PSF
RM130,000
Level 2
753 sqft RM173 PSF
RM125,000
Level 7
753 sqft RM166 PSF
RM150,000
Level 7
753 sqft RM199 PSF
RM145,000
Level 9
753 sqft RM192 PSF
RM170,000
Level 7
807 sqft RM211 PSF
RM980,000
Jalan Sungai Nyior
3,907 sqft RM251 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

RM150,000

RM199 psf

Median transaction price

RM980,000

RM251 psf

Median transaction price

Taman Mewah
© OpenStreetMap · CARTO

Taman Mewah, 12100 Butterworth, Pulau Pinang, Malaysia

Maps

Taman Mewah in Seberang Perai Utara, Penang recorded 10 subsale transactions in 2022, with a median price of RM150K and a median price per square foot (PSF) of RM199.

This area contains both residential and commercial properties. View 32 residential properties or 2 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM150K, with most transactions falling within a stable range of RM125K to RM400K, and a typical market range of RM134K to RM166K.

Most transactions involved condominium/apartment, with minimal variety in property types.

The median PSF stands at RM199, with core pricing between RM176 and RM222. Market pricing typically extends from RM180.71 to RM217.46, reflecting moderate variation in unit pricing. With an IQR of RM36.75 and MAD of RM23, the PSF demonstrates reasonable consistency across the market.

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.