Penang
Seberang Perai Tengah
13
TAMAN BKT MINYAK INDAH

TAMAN BKT MINYAK INDAH

Area Intelligence

2021

Median Price

RM 405,000

PSF: RM 323

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Residential PSF Trends

Median Price

RM 405,000

PSF: RM 323

TAMAN BKT MINYAK INDAH in Seberang Perai Tengah, Penang recorded 2 subsale transactions in 2021, with a median price of RM 405K and a median price per square foot (PSF) of RM 323.

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 405K, with most transactions falling within a stable range of RM 330K to RM 480K, and a typical market range of RM 330K to RM 480K.

Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.

The median PSF stands at RM 323, with core pricing between RM 276 and RM 369. Market pricing typically extends from RM 258.50 to RM 386.50, reflecting moderate variation in unit pricing. With an IQR of RM 128.00 and MAD of RM 47, 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.

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TAMAN BKT MINYAK INDAH, Seberang Perai Tengah, Penang

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