TAMAN BKT MINYAK INDAH in Seberang Perai Tengah, Penang recorded 3 subsale transactions in 2021, with a median price of RM 330K and a median price per square foot (PSF) of RM 276.
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 330K, with most transactions falling within a stable range of RM 220K to RM 440K, and a typical market range of RM 225K to RM 435K.
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 276, though individual units vary from RM 211 to RM 341 in the core range. The broader market spans RM 212.00 to RM 340.00, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.
