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 |
|---|
|
Level 1
|
RM 69,000
|
RM 105
|
657 sqft
|
|
|
|
Level 3
|
RM 78,000
|
RM 119
|
657 sqft
|
|
|
|
Level 4
|
RM 68,000
|
RM 107
|
635 sqft
|
|
|
|
Level 1
|
RM 75,000
|
RM 114
|
657 sqft
|
|
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Market Snapshot
ResidentialRM 72,000
RM 111 psfMedian transaction price
Taman Bukit Minyak, 14000 Bukit Mertajam, Pulau Pinang, Malaysia
MapsTaman Bkt Minyak Indah in Seberang Perai Tengah, Penang recorded 4 Low-Cost Flat properties subsale transactions between 2021 and 2026, with a median price of RM 72K and a median price per square foot (PSF) of RM 111.
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 72K, with most transactions falling within a stable range of RM 68K to RM 76K, and a typical market range of RM 68K to RM 78K.
Within the Low-Cost Flat category, 2 - 2 1/2 storey terraced dominated the market, with high diversity across multiple property types.
For price per square foot, the median is RM 111, with most transactions between RM 105 and RM 116. The usual range is RM 46.65 to RM 174.65, showing that most units are priced quite close to each other. With an IQR of RM 128.00 and MAD of RM 6, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.