Lucky Park Butterworth Property for Sale & Rent | Prime Real Estate in Penang.
Lucky Park is a residential and commercial area located in Butterworth, Penang, specifically within the larger and more well-known area of Raja Uda. The properties in Lucky Park are generally considered more affordable compared to mainland Penang's more prominent hotspots.
Landed Houses in Lucky Park
- Types: The landed properties in and around Lucky Park primarily consist of terrace houses, semi-detached houses, and bungalows.
- Price Range: As of 2024, the estimated average price for a terrace house in this area is between RM300,000 and RM600,000, depending on its size and condition.
- Investment Appeal: The area is attractive to buyers due to its relatively affordable property prices and strategic location.
- Accessibility: Lucky Park's location provides easy access to key areas, including:
- Penang Bridge and Butterworth Outer Ring Road (BORR), which connect to Georgetown on Penang Island.
- Shopping and entertainment hubs like Megamal Pacific and Sunway Carnival Mall.
- Various schools, hospitals, and industrial zones.
Shop Office Properties in Lucky Park
- Location: The commercial properties, including shop offices, are part of the mixed-development areas within Lucky Park and are often found along or near Jalan Raja Uda, a major road in the vicinity.
- Transaction Price: A recent transaction for a two-story intermediate shoplot in Lucky Park had a transacted price of RM1,500,000, with a price per square foot of RM594.
- Types: The commercial properties available in the broader Raja Uda area, which includes Lucky Park, are varied. They include:
- Shop lots and shop-offices, often 2 or 3 stories high.
- Corner lot shoplots with larger built-up areas.
- Price and Size: The prices for shop offices vary significantly based on their size, location (e.g., main road frontage), and condition. Available listings show a wide range, with properties ranging from 1,400 sq ft to over 6,000 sq ft, and prices from around RM1.1 million to over RM3 million.
- Market Context: The commercial properties in Lucky Park and Raja Uda are considered to be in a hot commercial area, making them suitable for business operations or as an investment.
LUCKY PARK @ Properties
Frequently asked question
Based on property listings, you can find a mix of properties, including landed residential homes (like terrace houses) and commercial shop offices.
Most properties in Butterworth are freehold. It's always best to verify the tenure of a specific property with a real estate agent or by checking the title deed.
You can search on major real estate website https://www.shijieproperty.com.my/ in Malaysia. You can also contact local real estate Shijie Property Agents (+6013 - 481 7777, +6018 - 398 7777) who specialize in the Butterworth area.
Property prices in Butterworth can vary significantly. As a general guide (and subject to change), terrace houses might range from RM300,000 to RM600,000, while shop offices can be priced from around RM300,000 to over RM2 million. For commercial properties, a recent transaction for a shoplot in Taman Lucky Park was recorded at RM 1,500,000.
Butterworth is an established area with various amenities and connectivity. Its proximity to key infrastructure like the Penang Bridge and North-South Expressway makes it an attractive location for both residential and commercial purposes. However, whether a property is a good investment depends on many factors, including market conditions, specific property details, and your personal financial goals. It is recommended to consult with a real estate professional for personalized advice.
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