Area Intelligence

TAMAN SEGAR INDAH (BUTTERWORTH)

5 properties
2023
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Median Price
RM 740,000
PSF: RM 568

Residential Market

Median Price

RM 745,000

IQR: RM 296
MAD: RM 90
RM 572 PSF 6.8%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 245,000

RM 399 PSF

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TAMAN SEGAR INDAH (BUTTERWORTH) in Seberang Perai Utara, Penang recorded 5 subsale transactions in 2023, with a median price of RM 740K and a median price per square foot (PSF) of RM 568.

This area contains both residential and commercial properties. View 14 residential properties or 1 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 740K, with most transactions falling within a stable range of RM 473K to RM 780K, and a typical market range of RM 451K to RM 780K.

Most transactions involved low-cost flat, with moderate diversity in property types available.

Price per square foot shows a median of RM 568, though individual units vary from RM 451 to RM 685 in the core range. The broader market spans RM 423.00 to RM 713.00, indicating diverse property characteristics. The spread of RM 290.00 (IQR) and deviation of RM 117 (MAD) suggest moderate price variations reflecting different property features.

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.

Area Location

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TAMAN SEGAR INDAH (BUTTERWORTH), Seberang Perai Utara, Penang

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Transactions

5 properties grouped by size

600 sqft
2 units
RM 245,000
Shop/Retail Lot
614 sqft · RM 399.00 PSF
Nov 2023
RM 183,000
Low-Cost Flat
603 sqft · RM 304.00 PSF
Mar 2023
1,300 sqft
3 units Double Storey Terraced
RM 780,000
LORONG SEGAR INDAH 2
1,302 sqft · RM 599.00 PSF
Nov 2023
RM 740,000
LORONG SEGAR INDAH 4
1,302 sqft · RM 568.00 PSF
Nov 2023
RM 750,000
LORONG SEGAR INDAH 6
1,302 sqft · RM 576.00 PSF
May 2023