Taman Bkt Minyak Indah

Taman Bukit Minyak, 14000 Bukit Mertajam, Pulau Pinang, Malaysia

Property Transactions

3 subsales grouped by size

Median
RM 330,000
PSF
RM 276
Price Size
650 sqft
LC Flat
RM 75,000
Level 1
657 sqft · RM 114 PSF
1,200 sqft
Terrace
RM 330,000
Lorong Bukit Minyak 25
1,195 sqft · RM 276 PSF
1,500 sqft
2-Sty Terrace
RM 480,000
Lorong Bkt. Minyak 13
1,507 sqft · RM 319 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM 330,000

RM 276 psf

Median transaction price

Taman Bkt Minyak Indah
© OpenStreetMap · CARTO

Taman Bukit Minyak, 14000 Bukit Mertajam, Pulau Pinang, Malaysia

Maps

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 163K to RM 480K, 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 188 to RM 364 in the core range. The broader market spans RM 212.20 to RM 340.20, indicating diverse property characteristics. A wider spread (IQR: RM 128.00) and deviation (MAD: RM 88) indicate significant PSF variations, likely due to diverse property types or conditions.

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.