Taman Bkt Minyak Indah
Taman Bukit Minyak, 14000 Bukit Mertajam, Pulau Pinang, Malaysia
Taman Bukit Minyak, 14000 Bukit Mertajam, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Lorong Bukit Minyak 19
|
RM 480,000
|
RM 319
|
1,507 sqft
|
|
|
Lorong Bukit Minyak 17
|
RM 590,000
|
RM 363
|
1,625 sqft
|
|
|
Jalan Bukit Minyak 1
|
RM 810,000
|
RM 289
|
2,799 sqft
|
|
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Market Snapshot
ResidentialRM 590,000
RM 319 psfMedian transaction price
Taman Bukit Minyak, 14000 Bukit Mertajam, Pulau Pinang, Malaysia
MapsTaman Bkt Minyak Indah in Seberang Perai Tengah, Penang recorded 3 subsale transactions between 2021 and 2026, with a median price of RM 590K and a median price per square foot (PSF) of RM 319.
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 590K, with most transactions falling within a stable range of RM 480K to RM 727K, and a typical market range of RM 485K to RM 695K.
Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.
For price per square foot, the median is RM 319, with most transactions between RM 288 and RM 349. The usual range is RM 254.52 to RM 382.52, showing that most units are priced quite close to each other. With an IQR of RM 128.00 and MAD of RM 30, 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.