Industri Bukit Minyak(Pdc)
Jalan Perindustrian Bukit Minyak, 14100 Simpang Ampat, Pulau Pinang, Malaysia
Jalan Perindustrian Bukit Minyak, 14100 Simpang Ampat, Pulau Pinang, Malaysia
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2023 | |||||
|
Lengkok Perindustrian Bkt Minyak 2
|
RM 10,500,000
|
RM 241
|
43,594 sqft
|
|
Factory |
| 2021 | |||||
|
Lorong Perindustrian Bukit Minyak 9
|
RM 6,700,000
|
RM 154
|
43,594 sqft
|
|
Factory |
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Market Snapshot
CommercialRM 8,600,000
RM 197 psfMedian transaction price
Jalan Perindustrian Bukit Minyak, 14100 Simpang Ampat, Pulau Pinang, Malaysia
MapsIndustri Bukit Minyak(Pdc) in Seberang Perai Tengah, Penang recorded 2 subsale transactions between 2021 and 2026, sized between 43,575 and 43,624 sqft, with a median price of RM 8.60 million and a median price per square foot (PSF) of RM 197.
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 8.60 million, with most transactions falling within a stable range of RM 6.70 million to RM 10.50 million, and a typical market range of RM 6.70 million to RM 10.50 million.
Most transactions involved detached factory/warehouse, though some variety exists in the market.
Price per square foot shows a median of RM 197, though individual units vary from RM 154 to RM 241 in the core range. The broader market spans RM 159.77 to RM 234.77, indicating diverse property characteristics. The spread of RM 75.00 (IQR) and deviation of RM 44 (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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.