2-storey Terrace @ Taman Riang, Butterworth
From
RM978k
Price From
RM978k
Built-Up
1,664 sqft
Price Insights
Developer Asking Price
RM588/sqft
Based on RM978k ÷ 1,664 sqft
Penang Market Range
RM400–700/sqft
Q3 2025 median (high-rise residential)
Based on Butterworth, Penang market data, similar properties transact at RM400–RM700 psf. This project is priced within the market range for the area.
2-storey Terrace @ Taman Riang, Butterworth Review — Worth Buying?
NP Score
6/10
Moderate
Asking PSF
RM588
per sqft
The case for buying
- Freehold terrace in established Butterworth neighbourhood
- Competitive RM978,000 price point for landed property
- Strategic Penang location with growth potential
- 2-storey design offers spacious family living
- Accessible connectivity to Penang island via bridges
The honest verdict
Value & Pricing
At RM978,000 for a 2-storey terrace in Butterworth, the pricing is competitive for the Penang landed property market, though buyers should verify actual built-up size and finishes against comparable units in the vicinity to assess true value proposition.
Location & Connectivity
Butterworth offers moderate accessibility to George Town via the Second Penang Bridge and Sultan Halim Muadzam Shah Bridge, but the absence of nearby MRT connectivity limits convenience; reliance on personal vehicles or bus transport may affect long-term desirability as public transit expands elsewhere in Penang.
Risk & Timing
The lack of specified completion date presents execution risk and uncertainty for buyers; additionally, the undefined developer name raises due diligence concerns, and market absorption depends heavily on Butterworth's continued commercial and residential growth, which remains slower than central Penang areas.
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- Area income profile (DOSM)
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Project Details
Property Type
Landed House
Land Tenure
Freehold
Construction Status
New Launch
Bumi Discount
Not Available
2-storey Terrace @ Taman Riang, Butterworth Video Tour
Watch a video tour of 2-storey Terrace @ Taman Riang, Butterworth in Butterworth, Penang. Landed House by Developer.
Video sourced from YouTube. Not affiliated with the developer.
More videos →Why Consider 2-storey Terrace @ Taman Riang, Butterworth?
Based on location data and market analysis
- ✓Freehold terrace in established Butterworth neighbourhood
- ✓Competitive RM978,000 price point for landed property
- ✓Strategic Penang location with growth potential
- ✓2-storey design offers spacious family living
- ✓Accessible connectivity to Penang island via bridges
Investment Snapshot
Based on verified transaction data for Penang
Est. Monthly Rental
RM3,500–4,700
Based on similar properties in Penang
Gross Rental Yield
4.5%–5.5%
Annual rental / property price
Airbnb Estimate
RM4,200/mo
RM185/night × 76% occupancy · 5.2% gross yield
Area Price Trend
+10.6%
Verified sold prices 2021–2025
Price-to-Income
11.0x income
Lower = more affordable (avg 6.8x)
Estimates based on verified transaction data for similar properties in Penang (2021–2025). Not financial advice.
See full area analysis →Check subsale transaction history in Butterworth
Browse real verified transaction prices for nearby properties
Can I afford this?
Estimate only — actual bank approval depends on your credit profile and existing commitments.
Est. monthly repayment
RM 4,004/mo
Based on 10% down, 35yr tenure at 4.2% p.a.
Minimum gross monthly income typically needed
RM 6,673/mo
Assumes no other debts, at a comfortable 60% DSR. Banks allow up to ~70% — existing car/personal loans lower how much you qualify for.
Check with your real income →Estimated cash needed upfront
Part of your down payment and stamp duty can often be covered using EPF Account 2 savings (subject to eligibility and withdrawal limits).
Full stamp duty & legal fee breakdown →Frequently Asked Questions
What is the price of 2-storey Terrace @ Taman Riang, Butterworth?▼
2-storey Terrace @ Taman Riang, Butterworth starts from RM978k. Contact the developer directly on NewProjek for the latest pricing.
Where is 2-storey Terrace @ Taman Riang, Butterworth located?▼
2-storey Terrace @ Taman Riang, Butterworth is located in Butterworth, Penang, Malaysia.
Who is the developer of 2-storey Terrace @ Taman Riang, Butterworth?▼
2-storey Terrace @ Taman Riang, Butterworth is developed by Developer.
What type of property is 2-storey Terrace @ Taman Riang, Butterworth?▼
2-storey Terrace @ Taman Riang, Butterworth is a Landed House development with Freehold tenure.
What is the construction status of 2-storey Terrace @ Taman Riang, Butterworth?▼
2-storey Terrace @ Taman Riang, Butterworth is currently New Launch.
Berapa harga 2-storey Terrace @ Taman Riang, Butterworth?▼
2-storey Terrace @ Taman Riang, Butterworth dijual bermula dari RM978k. Hubungi pemaju terus melalui NewProjek untuk senarai harga terkini.
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Verified Transaction Data
What do units here actually sell for?
Real stamped SPA prices — not asking prices. From RM69.90.
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