TAMAN BKT MINYAK (STANDALUX)

Area Intelligence
2023
Median Price
RM 350,000
PSF: RM 198

Residential PSF Trends

Median Price

RM 350,000

PSF: RM 198

TAMAN BKT MINYAK (STANDALUX) in Seberang Perai Tengah, Penang recorded 5 subsale transactions in 2023, with a median price of RM 350K and a median price per square foot (PSF) of RM 198.

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 350K, with most transactions falling within a stable range of RM 305K to RM 390K, and a typical market range of RM 324K to RM 376K.

Most transactions involved 1 - 1 1/2 storey semi-detached, though some variety exists in the market.

For price per square foot, the median is RM 198, with most transactions between RM 179 and RM 217. The usual range is RM 186.50 to RM 209.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 23.00 and an average deviation (MAD) of RM 19 indicate a highly stable PSF trend across properties.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN BKT MINYAK (STANDALUX), Seberang Perai Tengah, Penang

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Transactions

5 transactions grouped by size

1,100 sqft
Low-Cost House
RM 260,000
LORONG BUKIT MINYAK 12
1,098 sqft · RM 237 PSF
1,800 sqft
Low-Cost House
RM 325,000
LORONG BUKIT MINYAK 2
1,776 sqft · RM 183 PSF
1,850 sqft
RM 350,000
LORONG BUKIT MINYAK 4
1,851 sqft · RM 189 PSF
RM 390,000
LORONG BUKIT MINYAK 11
1,851 sqft · RM 211 PSF
RM 370,000
LORONG. BKT. MINYAK 12
1,873 sqft · RM 198 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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