Taman Bkt Minyak Indah

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

Property Transactions

12 subsales grouped by size

Median
RM 469,000
PSF
RM 306
Price Size
650 sqft
LC Flat
RM 68,000
Level 4
635 sqft · RM 107 PSF
1,200 sqft
Terrace
RM 370,000
Lorong Bukit Minyak 25
1,195 sqft · RM 310 PSF
RM 300,000
Lorong Bkt Minyak 24
1,195 sqft · RM 251 PSF
1,500 sqft
2-Sty Terrace
RM 468,000
Lorong Bukit Minyak 13
1,507 sqft · RM 311 PSF
RM 490,000
Lorong Bukit Minyak 13
1,507 sqft · RM 325 PSF
RM 400,000
Lorong Bukit Minyak 25
1,507 sqft · RM 265 PSF
RM 650,000
Lorong Bkt Minyak 25
1,507 sqft · RM 431 PSF
RM 470,000
Jalan Bukit Minyak 2
1,507 sqft · RM 312 PSF
1,650 sqft
2-Sty Terrace
RM 510,000
Jalan Bkt Minyak 2
1,625 sqft · RM 314 PSF
RM 490,000
Lorong Bukit Minyak 13
1,625 sqft · RM 301 PSF
2,300 sqft
Terrace
RM 388,000
Jalan Sentul 5
2,282 sqft · RM 170 PSF
2,400 sqft
Semi-D
RM 560,000
Lorong Bukit Minyka 23
2,400 sqft · RM 233 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM 469,000

RM 306 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 12 subsale transactions in 2022, with a median price of RM 469K and a median price per square foot (PSF) of RM 306.

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 469K, with most transactions falling within a stable range of RM 329K to RM 609K, and a typical market range of RM 364K to RM 574K.

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 306, though individual units vary from RM 227 to RM 384 in the core range. The broader market spans RM 241.58 to RM 369.58, indicating diverse property characteristics. A wider spread (IQR: RM 128.00) and deviation (MAD: RM 79) 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.