INDUSTRI BUKIT MINYAK(PDC) in Seberang Perai Tengah, Penang recorded 7 subsale transactions between 2021 and 2025, with a median price of RM 830K and a median price per square foot (PSF) of RM 310.
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 830K, with most transactions falling within a stable range of RM -4,259,000 to RM 5.92 million, and a typical market range of RM -3,720,000 to RM 5.38 million.
Most transactions involved detached factory/warehouse, though some variety exists in the market.
The median PSF stands at RM 310, with core pricing between RM 271 and RM 349. Market pricing typically extends from RM 272.50 to RM 347.50, reflecting moderate variation in unit pricing. With an IQR of RM 75.00 and MAD of RM 39, the PSF demonstrates reasonable consistency across the market.
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.