Industri Bukit Minyak(Pdc)

Jalan Perindustrian Bukit Minyak, 14100 Simpang Ampat, Pulau Pinang, Malaysia

Property Transactions

11 subsales grouped by size · Factory →

Median
RM 9,378,000
PSF
RM 183
Price Size
3,000 sqft
Terrace Factory
RM 550,000
Lorong Perindustrian. Bkt Minyak 3
3,003 sqft · RM 183 PSF
3,100 sqft
Terrace Factory
RM 1,400,000
Lorong Perindustrian Bukit Minyak1/1
3,089 sqft · RM 453 PSF
22,150 sqft
Factory
RM 3,618,000
Lorong Perindustrian Bkt Myk 7
22,155 sqft · RM 163 PSF
32,000 sqft
Factory
RM 4,400,000
Lorong Perindustrian Bkt Myk 14
32,001 sqft · RM 137 PSF
43,600 sqft
Factory
RM 10,500,000
Lengkok Perindustrian Bkt Minyak 2
43,594 sqft · RM 241 PSF
43,650 sqft
Factory
RM 8,000,000
Jalan Perindustrian Bukit Minyak 7
43,626 sqft · RM 183 PSF
46,850 sqft
Factory
RM 13,189,000
Jalan Perindustrian Bukit Minyak
46,857 sqft · RM 281 PSF
75,900 sqft
Factory
RM 9,378,000
Jalan Perindustrian Bukit Minyak 5
75,896 sqft · RM 124 PSF
88,000 sqft
Factory
RM 17,500,000
Jalan Perindustrian Bkt Minyak 2
87,995 sqft · RM 199 PSF
130,600 sqft
Factory
RM 15,500,000
Lorong Perindustrian Bukit Minyak 11
130,577 sqft · RM 119 PSF
262,400 sqft
Factory
RM 32,422,000
Jalan Perindustrian Bukit Minyak 5
262,392 sqft · RM 124 PSF
11
transactions

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Market Snapshot

Commercial

RM 9,378,000

RM 183 psf

Median transaction price

Industri Bukit Minyak(Pdc)
© OpenStreetMap · CARTO

Jalan Perindustrian Bukit Minyak, 14100 Simpang Ampat, Pulau Pinang, Malaysia

Maps

Industri Bukit Minyak(Pdc) in Seberang Perai Tengah, Penang recorded 11 subsale transactions in 2023, with a median price of RM 9.38 million and a median price per square foot (PSF) of RM 183.

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 9.38 million, with most transactions falling within a stable range of RM 662K to RM 18.09 million, and a typical market range of RM 4.83 million to RM 13.93 million.

Most transactions involved detached factory/warehouse, though some variety exists in the market.

Price per square foot shows a median of RM 183, though individual units vary from RM 89 to RM 277 in the core range. The broader market spans RM 145.64 to RM 220.64, indicating diverse property characteristics. A wider spread (IQR: RM 75.00) and deviation (MAD: RM 94) 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.