BUTTERWORTH

Seberang Perai, Penang

84
Properties within neighbourhood
1
Convenience Store
0
Shopping Malls
12
Supermarkets & Markets
0
Public Transport
11
Educations
15
Places of Worship
3
Medicals
15
Banks
9
Petrol Station

low

Crime Level

Butterworth Outer Ring Road, North South Expressway, Butterworth - Kulim Expressway

Highways

Woodsbury Suites, Luminari, Woodsbury Suites, Luminari

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Transacted Prices

This is a representation of historical transaction prices within the neighbourhood, categorised by non-landed (condominium, serviced apartment, apartment), landed (townhouse, terrace, bungalow, semi-detached, house) and commercial (office, shop).

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Transacted Prices will give you an idea of the neighbourhood’s property price trend.

Analysis & Comparison

Analysis and comparison of average transaction, for sale and for rent prices for landed, non-landed and commercial properties within Butterworth *

* To provide you the most accurate information some columns may appear as ‘Insufficient Data’ due to insufficient transactions in the area

Non-Landed Landed Commercial
Avg Transacted Price
Avg Transacted Price(Psf)
Avg For Sale Listing Price
Avg For Sale Listing Price(Psf)
Avg For Rent Listing Price
Avg For Rent Listing Price(Psf)

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Neighbourhood Review

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Butterworth is the main town of Seberang Perai on the mainland Penang. It was established in mid 19th century by the British administration as a transportation hub to assist in Penang island’s role as an international port. Till this day, the town named after the Governor of the Straits Settlement during the time, William John Butterworth, still remains true to its purpose.

Butterworth is the terminus of various transportation, such as the Keretapi Tanah Melayu (KTM), ferries and ships. The town is most well-known by Malaysians and international tourists as the boarding and embarking point of the ferry service which shuttles cars, motorbikes and passengers between Penang island and the mainland.

Being one of the oldest towns in Penang, Butterworth has been home to many for decades and even centuries. Hence, population in Butterworth is significantly denser than other towns on the mainland. Beginning in the late 20th century and early 21st century, a number multinational and local companies began setting up operations in industrial estates around the region, also drawing in a number of people with the abundance of employment opportunities.

There are innumerable housing estates and villages in Butterworth, with some of the older ones being Taman Aman Jaya, Taman Bagan Lalang, Taman Chempaka Sari, Taman Dedap, Taman Merbau, Taman Molek, Taman Pandan, Taman Tanjung and more. Villages which have been around for decades include Kampung Manggis, Kampung Gajah, Kampung Jawa, and countless others. As such, amenities in the area like eateries, banks, convenience stores, petrol stations and much more are aplenty.

Housing in Butterworth has commonly been to accommodate the growing number of population who came to work in the industrial estates there. Hence, residential properties were generally between lower-medium to medium cost landed homes or low cost apartment. These days, there have been a change in direction with increasing numbers of high-rise and commercial development with upcoming properties like Woodbury Suites and Luminari which are luxurious and modern, high rise residences. Future developments are also expected to continue in that line as well as encompass more commercial and retail complexes.

Butterworth is highly accessible to Penang island as well as many other towns and states on Peninsula Malaysia. Within Butterworth, the Butterworth Outer Ring Road is one of the most frequented roads in Seberang Perai, connecting the town to other parts of the region like Bukit Mertajam and the first Penang bridge.

On the other hand, the North South Expressway (PLUS) connects Butterworth to the northern states of Kedah and Perlis as well as southern states like Taiping, Ipoh, Selangor, all the way to Johor while the Butterworth - Kulim Expressway links Butterworth to Kulim in Kedah and other areas east of the town.

Consumer Price Index

This is a representation of Penang Consumer Price Index (CPI) for the year of 2011 - 2015

Did you know?

A consumer price index (CPI) measures changes in the price level of a market basket of consumer goods and services purchased by households. (Wikipedia)

The Consumer Price Index (CPI) line shows an increment in prices of essential goods on a yearly basis, while the Percentage Changes line shows the level of changes in price increments over the years. For example, a dip in the CPI line may indicate a low level of price increment as compared to the previous year while a surge in CPI line shows a high level of price increment as compared to the previous year.

The above graph shows 1.742% of price changes in essential goods such as rice, meat and tobacco between the years 2011 and 2012, while increasing in difference to 2.093% in 2013. Prices of essential goods then increasing to 3.169% in the year 2014 while surging by 2.529% in 2015.

While the prices of essential goods have shown a variation in the Percentage Changes, the Consumer Price Index (CPI) on the other hand indicates a reality of ever increasing prices in essential goods with increments between the years 2011 - 2015 at 102.7 in 2011, 105.1 in 2012, 107.3 in 2013, 110.7 in 2014, 113.5 in 2015.

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Eesion Ee
Chinese area. A lot of good food. Last time bad traffic, not it has improved because they extended the roads.
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