Penang
Seberang Perai Tengah
13
TAMAN BKT MINYAK INDAH

TAMAN BKT MINYAK INDAH

Area Intelligence

2023

Median Price

RM 397,500

PSF: RM 314

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Residential PSF Trends

Median Price

RM 397,500

PSF: RM 314

TAMAN BKT MINYAK INDAH in Seberang Perai Tengah, Penang recorded 2 subsale transactions in 2023, with a median price of RM 398K and a median price per square foot (PSF) of RM 314.

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 398K, with most transactions falling within a stable range of RM 300K to RM 495K, and a typical market range of RM 300K to RM 495K.

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 314, though individual units vary from RM 247 to RM 380 in the core range. The broader market spans RM 249.50 to RM 377.50, indicating diverse property characteristics. The spread of RM 128.00 (IQR) and deviation of RM 67 (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.

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TAMAN BKT MINYAK INDAH, Seberang Perai Tengah, Penang

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