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. Bkt. Minyak 6
|
RM 340,000
|
RM 186
|
1,830 sqft
|
|
|
|
Jalan Bukit Minyak I
|
RM 300,000
|
RM 164
|
1,830 sqft
|
|
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Market Snapshot
ResidentialRM 320,000
RM 175 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 in 2021, with a median price of RM 320K and a median price per square foot (PSF) of RM 175.
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 320K, with most transactions falling within a stable range of RM 300K to RM 340K, and a typical market range of RM 300K to RM 340K.
Most transactions involved 1 - 1 1/2 storey semi-detached, with moderate diversity in property types available.
For price per square foot, the median is RM 175, with most transactions between RM 164 and RM 186. The usual range is RM 154.13 to RM 195.63, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 41.50 and an average deviation (MAD) of RM 11 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. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.