TAMAN BKT MINYAK INDAH in Seberang Perai Tengah, Penang recorded 5 subsale transactions in 2024, with a median price of RM 540K and a median price per square foot (PSF) of RM 289.
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 540K, with most transactions falling within a stable range of RM 430K to RM 650K, and a typical market range of RM 435K to RM 645K.
Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.
Price per square foot shows a median of RM 289, though individual units vary from RM 224 to RM 354 in the core range. The broader market spans RM 225.00 to RM 353.00, indicating diverse property characteristics. The spread of RM 128.00 (IQR) and deviation of RM 65 (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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.
