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 |
|---|
|
Lorong Bukit Minyak 19
|
RM 480,000
|
RM 319
|
1,507 sqft
|
|
|
Lorong Bukit Minyak 17
|
RM 590,000
|
RM 363
|
1,625 sqft
|
|
|
Lorong Bukit Minyak 23
|
RM 540,000
|
RM 225
|
2,400 sqft
|
|
|
Jalan Bukit Minyak 1
|
RM 810,000
|
RM 289
|
2,799 sqft
|
|
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Market Snapshot
ResidentialRM 540,000
RM 289 psfMedian transaction price
Taman Bukit Minyak, 14000 Bukit Mertajam, Pulau Pinang, Malaysia
MapsTaman Bkt Minyak Indah in Seberang Perai Tengah, Penang recorded 5 subsale transactions in 2024, with a median price of RM 540K and a median price per square foot (PSF) of RM 289.
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 540K, with most transactions falling within a stable range of RM 298K to RM 782K, and a typical market range of RM 435K to RM 645K.
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 289, though individual units vary from RM 200 to RM 379 in the core range. The broader market spans RM 225.43 to RM 353.43, indicating diverse property characteristics. A wider spread (IQR: RM 128.00) and deviation (MAD: RM 90) 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.