Penang
Seberang Perai Tengah
13
TAMAN BUKIT MINYAK INDAH

TAMAN BUKIT MINYAK INDAH

Area Intelligence

2024

Median Price

RM 655,000

PSF: RM 249

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Residential PSF Trends

Median Price

RM 655,000

PSF: RM 249

TAMAN BUKIT MINYAK INDAH in Seberang Perai Tengah, Penang recorded 2 subsale transactions in 2024, with a median price of RM 655K and a median price per square foot (PSF) of RM 249.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 655K, with most transactions falling within a stable range of RM 500K to RM 810K, and a typical market range of RM 533K to RM 777K.

Most transactions involved 2 - 2 1/2 storey semi-detached, with moderate diversity in property types available.

The median PSF stands at RM 249, with core pricing between RM 208 and RM 289. Market pricing typically extends from RM 219.50 to RM 277.50, reflecting moderate variation in unit pricing. The spread of RM 58.00 (IQR) and deviation of RM 41 (MAD) suggest moderate price variations reflecting different property features.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN BUKIT MINYAK INDAH, Seberang Perai Tengah, Penang

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