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
|
|
|
Lorong Bukit Minyak 2
|
RM 325,000
|
RM 183
|
1,776 sqft
|
|
|
Lorong Bukit Minyak 4
|
RM 350,000
|
RM 189
|
1,851 sqft
|
|
Semi-D |
|
Lorong Bukit Minyak 11
|
RM 390,000
|
RM 211
|
1,851 sqft
|
|
Semi-D |
|
Lorong. Bkt. Minyak 12
|
RM 370,000
|
RM 198
|
1,873 sqft
|
|
LC House |
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Market Snapshot
ResidentialRM 350,000
RM 198 psfMedian transaction price
Taman Bukit Minyak, 14000 Bukit Mertajam, Pulau Pinang, Malaysia
MapsTaman 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 318K to RM 382K.
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 198, with most transactions between RM 178 and RM 217. The usual range is RM 176.80 to RM 218.30, 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 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. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.