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
|
|---|---|---|---|---|---|
| 2024 | |||||
|
Lorong Bukit Minyak 19
|
RM 480,000
|
RM 319
|
1,507 sqft
|
|
2-Sty Terrace |
| 2023 | |||||
|
Lorong Bukit Minyak 21
|
RM 495,000
|
RM 328
|
1,507 sqft
|
|
2-Sty Terrace |
| 2022 | |||||
|
Lorong Bukit Minyak 13
|
RM 468,000
|
RM 311
|
1,507 sqft
|
|
2-Sty Terrace |
|
Lorong Bukit Minyak 13
|
RM 490,000
|
RM 325
|
1,507 sqft
|
|
2-Sty Terrace |
|
Lorong Bukit Minyak 25
|
RM 400,000
|
RM 265
|
1,507 sqft
|
|
2-Sty Terrace |
|
Lorong Bkt Minyak 25
|
RM 650,000
|
RM 431
|
1,507 sqft
|
|
2-Sty Terrace |
|
Jalan Bukit Minyak 2
|
RM 470,000
|
RM 312
|
1,507 sqft
|
|
2-Sty Terrace |
| 2021 | |||||
|
Lorong Bkt. Minyak 13
|
RM 480,000
|
RM 319
|
1,507 sqft
|
|
2-Sty Terrace |
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Market Snapshot
ResidentialRM 480,000
RM 319 psfMedian transaction price
Taman Bukit Minyak, 14000 Bukit Mertajam, Pulau Pinang, Malaysia
MapsTaman Bkt Minyak Indah in Seberang Perai Tengah, Penang recorded 8 subsale transactions between 2021 and 2026, sized between 1,475 and 1,524 sqft, with a median price of RM 480K 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 480K, with most transactions falling within a stable range of RM 414K to RM 546K, and a typical market range of RM 400K to RM 585K.
Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.
The median PSF stands at RM 319, with core pricing between RM 275 and RM 362. Market pricing typically extends from RM 254.52 to RM 382.52, reflecting moderate variation in unit pricing. With an IQR of RM 128.00 and MAD of RM 44, 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.