Penang
Seberang Perai Tengah
13
TAMAN BUKIT MINYAK INDAH

TAMAN BUKIT MINYAK INDAH

Area Intelligence

2024

Median Price

RM 507,500

PSF: RM 318

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Residential PSF Trends

Median Price

RM 507,500

PSF: RM 318

TAMAN BUKIT MINYAK INDAH in Seberang Perai Tengah, Penang recorded 4 subsale transactions in 2024, with a median price of RM 508K and a median price per square foot (PSF) of RM 318.

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 508K, with most transactions falling within a stable range of RM 483K to RM 500K, and a typical market range of RM 450K to RM 500K.

Most transactions involved 2 - 2 1/2 storey semi-detached, with moderate diversity in property types available.

Price per square foot shows a median of RM 318, though individual units vary from RM 249 to RM 387 in the core range. The broader market spans RM 288.50 to RM 346.50, indicating diverse property characteristics. The spread of RM 58.00 (IQR) and deviation of RM 69 (MAD) suggest moderate price variations reflecting different property features.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN BUKIT MINYAK INDAH, Seberang Perai Tengah, Penang

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