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 8
|
RM 750,000
|
RM 254
|
2,949 sqft
|
|
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Market Snapshot
ResidentialRM 340,000
RM 254 psfMedian transaction price
Taman Bukit Minyak, 14000 Bukit Mertajam, Pulau Pinang, Malaysia
MapsTaman Bkt Minyak (Standalux) in Seberang Perai Tengah, Penang recorded 3 subsale transactions in 2025, with a median price of RM 340K and a median price per square foot (PSF) of RM 254.
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 340K, with most transactions falling within a stable range of RM 330K to RM 536K, and a typical market range of RM 330K to RM 372K.
Most transactions involved 1 - 1 1/2 storey semi-detached, with moderate diversity in property types available.
The median PSF stands at RM 254, with core pricing between RM 203 and RM 305. Market pricing typically extends from RM 233.25 to RM 274.75, reflecting moderate variation in unit pricing. The spread of RM 41.50 (IQR) and deviation of RM 51 (MAD) suggest moderate price variations reflecting different property features.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.