Area Intelligence

TAMAN SEGAR INDAH (BUTTERWORTH)

4 properties
2024
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Median Price
RM 217,500
PSF: RM 361

Residential Market

Median Price

RM 217,500

IQR: RM 296
MAD: RM 90
RM 361 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 4 subsale transactions in 2024, with a median price of RM 218K and a median price per square foot (PSF) of RM 361.

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 218K, with most transactions falling within a stable range of RM 160K to RM 524K, and a typical market range of RM 160K to RM 506K.

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

Price per square foot shows a median of RM 361, though individual units vary from RM 186 to RM 535 in the core range. The broader market spans RM 215.50 to RM 505.50, indicating diverse property characteristics. A wider spread (IQR: RM 290.00) and deviation (MAD: RM 174) 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. 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

4 properties grouped by size

600 sqft
3 units Low-Cost Flat
RM 160,000
603 sqft · RM 265.00 PSF
Jul 2024
RM 175,000
603 sqft · RM 290.00 PSF
Apr 2024
RM 260,000
603 sqft · RM 431.00 PSF
Feb 2024
1,300 sqft
1 units Double Storey Terraced
RM 900,000
LORONG SEGAR INDAH 6
1,281 sqft · RM 703.00 PSF
May 2024