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 23
|
RM 540,000
|
RM 225
|
2,400 sqft
|
|
Semi-D |
| 2022 | |||||
|
Lorong Bukit Minyka 23
|
RM 560,000
|
RM 233
|
2,400 sqft
|
|
Semi-D |
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Market Snapshot
ResidentialRM 550,000
RM 229 psfMedian transaction price
Taman Bukit Minyak, 14000 Bukit Mertajam, Pulau Pinang, Malaysia
MapsTaman Bkt Minyak Indah in Seberang Perai Tengah, Penang recorded 2 subsale transactions between 2021 and 2026, sized between 2,375 and 2,424 sqft, with a median price of RM 550K and a median price per square foot (PSF) of RM 229.
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 550K, with most transactions falling within a stable range of RM 540K to RM 560K, and a typical market range of RM 540K to RM 560K.
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 229, with most transactions between RM 225 and RM 233. The usual range is RM 165.13 to RM 293.13, showing that most units are priced quite close to each other. With an IQR of RM 128.00 and MAD of RM 4, the PSF demonstrates reasonable consistency across the market.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.