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 260,000
|
RM 237
|
1,098 sqft
|
|
|
Jalan Bukit Minyak I
|
RM 300,000
|
RM 164
|
1,830 sqft
|
|
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Market Snapshot
ResidentialRM 280,000
RM 200 psfMedian transaction price
Taman Bukit Minyak, 14000 Bukit Mertajam, Pulau Pinang, Malaysia
MapsTaman Bkt Minyak (Standalux) in Seberang Perai Tengah, Penang recorded 2 subsale transactions between 2021 and 2026, priced up to RM 300K, with a median price of RM 280K and a median price per square foot (PSF) of RM 200.
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 280K, with most transactions falling within a stable range of RM 260K to RM 300K, and a typical market range of RM 260K to RM 300K.
Most transactions involved 1 - 1 1/2 storey semi-detached, with moderate diversity in property types available.
The median PSF stands at RM 200, with core pricing between RM 164 and RM 237. Market pricing typically extends from RM 179.63 to RM 221.13, reflecting moderate variation in unit pricing. The spread of RM 41.50 (IQR) and deviation of RM 36 (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.