Taman Bukit Minyak Indah
14000 Bukit Mertajam, Pulau Pinang, Malaysia
14000 Bukit Mertajam, Pulau Pinang, Malaysia
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2025 | |||||
|
Lorong Bkt Minyak 13
|
RM 660,000
|
RM 406
|
1,625 sqft
|
|
2-Sty Terrace |
| 2024 | |||||
|
Lorong Bkt Minyak 21
|
RM 450,000
|
RM 277
|
1,625 sqft
|
|
2-Sty Terrace |
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Market Snapshot
ResidentialRM 555,000
RM 341 psfMedian transaction price
Taman Bukit Minyak Indah, 14000 Bukit Mertajam, Pulau Pinang, Malaysia
MapsTaman Bukit Minyak Indah in Seberang Perai Tengah, Penang recorded 2 subsale transactions between 2021 and 2026, sized between 1,625 and 1,674 sqft, with a median price of RM 555K and a median price per square foot (PSF) of RM 341.
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 555K, with most transactions falling within a stable range of RM 450K to RM 660K, and a typical market range of RM 450K to RM 660K.
Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.
The median PSF stands at RM 341, with core pricing between RM 277 and RM 406. Market pricing typically extends from RM 312.46 to RM 370.46, reflecting moderate variation in unit pricing. The spread of RM 58.00 (IQR) and deviation of RM 65 (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.