Taman Bkt Minyak (Standalux)
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 12
|
RM 340,000
|
RM 310
|
1,098 sqft
|
|
|
Lorong Bukit Minyak 2
|
RM 330,000
|
RM 186
|
1,776 sqft
|
|
|
Lorong Bkt Minyak 6
|
RM 418,000
|
RM 228
|
1,830 sqft
|
|
|
|
Lorong Bukit Minyak 8
|
RM 370,000
|
RM 202
|
1,830 sqft
|
|
|
Lorong Bukit Minyak 4
|
RM 420,000
|
RM 212
|
1,981 sqft
|
|
|
Lorong Bkt Minyak 8
|
RM 750,000
|
RM 254
|
2,949 sqft
|
|
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Market Snapshot
ResidentialRM 394,000
RM 220 psfMedian transaction price
Taman Bukit Minyak, 14000 Bukit Mertajam, Pulau Pinang, Malaysia
MapsTaman Bkt Minyak (Standalux) in Seberang Perai Tengah, Penang recorded 6 subsale transactions between 2021 and 2026, with a median price of RM 394K and a median price per square foot (PSF) of RM 220.
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 394K, with most transactions falling within a stable range of RM 330K to RM 538K, and a typical market range of RM 362K to RM 426K.
Most transactions involved 1 - 1 1/2 storey semi-detached, with moderate diversity in property types available.
The median PSF stands at RM 220, with core pricing between RM 180 and RM 261. Market pricing typically extends from RM 199.50 to RM 241.00, reflecting moderate variation in unit pricing. The spread of RM 41.50 (IQR) and deviation of RM 41 (MAD) suggest moderate price variations reflecting different property features.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.