Taman Riang (Spu)

Taman Riang, 12300 Butterworth, Pulau Pinang, Malaysia

Property Transactions

9 subsales found

Price Size
Period
transactions middle 50% (P25–P75)
RM978,000
Lorong Riang
1,851 sqft RM528 PSF
RM550,000
Solok Riang
1,453 sqft RM378 PSF
RM490,000
Solok Riang
1,572 sqft RM312 PSF
RM630,000
Tkt Riang
1,432 sqft RM440 PSF
RM938,000
Lorong Riang
1,851 sqft RM507 PSF
RM1,300,000
Lorong Riang
1,851 sqft RM702 PSF
RM1,370,000
Lorong Riang
1,851 sqft RM740 PSF
RM800,000
Solok Riang
1,916 sqft RM418 PSF
RM918,000
Lorong Riang
1,851 sqft RM496 PSF
Legend Recent Highest Price Highest PSF

Selling in Taman Riang (Spu)? Homes here sold for a median of RM918,000.

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Market Snapshot

Residential

RM918,000

RM496 psf

Median transaction price

Taman Riang (Spu)
© OpenStreetMap · CARTO

Taman Riang, 12300 Butterworth, Pulau Pinang, Malaysia

Maps

Taman Riang (Spu) in Seberang Perai Utara, Penang recorded 9 subsale transactions in 2022, with a median price of RM918K and a median price per square foot (PSF) of RM496.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM918K, with most transactions falling within a stable range of RM627K to RM1.21 million, and a typical market range of RM705K to RM1.13 million.

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

Price per square foot shows a median of RM496, though individual units vary from RM363 to RM629 in the core range. The broader market spans RM342.09 to RM649.59, indicating diverse property characteristics. A wider spread (IQR: RM307.50) and deviation (MAD: RM133) 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.