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 |
|---|
|
Solok Perindustrian Bukit Minyak 2
|
RM 975,000
|
RM 316
|
3,089 sqft
|
|
|
Lorong Perindustrian Bukit Minyak 9
|
RM 6,700,000
|
RM 154
|
43,594 sqft
|
|
|
Jalan Perindustrian Bkt Minyak 22
|
RM 12,500,000
|
RM 191
|
65,498 sqft
|
|
|
Lorong Perindustrian Bukit Minyak 22
|
RM 7,400,000
|
RM 113
|
65,649 sqft
|
|
|
Lengkok Perindustrian Bkt Minyak 16
|
RM 12,800,000
|
RM 188
|
68,168 sqft
|
|
|
Jalan Perindustrian Bkt Minyak
|
RM 16,000,000
|
RM 120
|
133,645 sqft
|
|
|
Jalan Perindustrian Bkt Minyak 16
|
RM 14,380,000
|
RM 89
|
161,739 sqft
|
|
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Market Snapshot
CommercialRM 12,500,000
RM 154 psfMedian transaction price
Jalan Perindustrian Bukit Minyak, 14100 Simpang Ampat, Pulau Pinang, Malaysia
MapsIndustri Bukit Minyak(Pdc) in Seberang Perai Tengah, Penang recorded 7 subsale transactions in 2021, with a median price of RM 12.50 million and a median price per square foot (PSF) of RM 154.
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 12.50 million, with most transactions falling within a stable range of RM 7.60 million to RM 16.00 million, and a typical market range of RM 7.95 million to RM 16.00 million.
Most transactions involved detached factory/warehouse, though some variety exists in the market.
Price per square foot shows a median of RM 154, though individual units vary from RM 83 to RM 224 in the core range. The broader market spans RM 116.19 to RM 191.19, indicating diverse property characteristics. A wider spread (IQR: RM 75.00) and deviation (MAD: RM 70) indicate significant PSF variations, likely due to diverse property types or conditions.
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.