TAMAN BUKIT MINYAK (K.W. REALTY) SDN BHD

Area Intelligence
5 subsale transactions
2024
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Median Price
RM 756,000
PSF: RM 581

Commercial PSF Trends

Median Price

RM 756,000

RM 581 PSF

TAMAN BUKIT MINYAK (K.W. REALTY) SDN BHD in Seberang Perai Tengah, Penang recorded 5 subsale transactions in 2024, with a median price of RM 756K and a median price per square foot (PSF) of RM 581.

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

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 756K, with most transactions falling within a stable range of RM 665K to RM 1.14 million, and a typical market range of RM 701K to RM 811K.

Most transactions involved 2 - 2 1/2 storey shop, with minimal variety in property types.

Price per square foot shows a median of RM 581, though individual units vary from RM 439 to RM 723 in the core range. The broader market spans RM 526.50 to RM 635.50, indicating diverse property characteristics. The spread of RM 109.00 (IQR) and deviation of RM 142 (MAD) suggest moderate price variations reflecting different property features.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN BUKIT MINYAK (K.W. REALTY) SDN BHD, Seberang Perai Tengah, Penang

OSM

Transactions

5 transactions grouped by size

Price Range

Clear

Size Range (sqft)

Clear
1,200 sqft
Double Storey Shop
RM 665,000
JALAN BUKIT MINYAK 3
1,195 sqft · RM 557.00 PSF
May 2024
1,250 sqft
Double Storey Shop
RM 756,000
JALAN BUKIT MINYAK 3
1,270 sqft · RM 595.00 PSF
Jul 2024
1,350 sqft
Double Storey Shop
RM 775,000
JALAN BUKIT MINYAK 3
1,335 sqft · RM 581.00 PSF
Jul 2024
1,400 sqft
Double Storey Shop
RM 680,000
JALAN BUKIT MINYAK 3
1,399 sqft · RM 486.00 PSF
Feb 2024
1,850 sqft
Double Storey Shop
RM 1,680,000
TINGKAT BUKIT MINYAK 7
1,873 sqft · RM 897.00 PSF
Sep 2024