Penang
Seberang Perai Tengah
13
TAMAN PINGGIRAN BUKIT MINYAK

TAMAN PINGGIRAN BUKIT MINYAK

Area Intelligence

2023

Median Price

RM 1,600,000

PSF: RM 231

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Residential PSF Trends

Median Price

RM 1,600,000

PSF: RM 231

TAMAN PINGGIRAN BUKIT MINYAK in Seberang Perai Tengah, Penang recorded 1 subsale transactions in 2023, with a median price of RM 1.60 million and a median price per square foot (PSF) of RM 231.

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 1.60 million, with most transactions falling within a stable range of RM 1.48 million to RM 1.72 million, and a typical market range of RM 1.32 million to RM 1.88 million.

Most transactions involved detached, with minimal variety in property types.

The median PSF stands at RM 231, with core pricing between RM 199 and RM 263. Market pricing typically extends from RM 199.13 to RM 262.88, reflecting moderate variation in unit pricing. With an IQR of RM 63.75 and MAD of RM 32, the PSF demonstrates reasonable consistency across the market.

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 PINGGIRAN BUKIT MINYAK, Seberang Perai Tengah, Penang

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