Taman Bukit Minyak Indah
14000 Bukit Mertajam, Pulau Pinang, Malaysia
14000 Bukit Mertajam, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Bukit Minyak 2
|
RM 515,000
|
RM 342
|
1,507 sqft
|
|
|
Lorong Bkt Minyak 21
|
RM 450,000
|
RM 277
|
1,625 sqft
|
|
|
Lorong Bukit Minyak 23
|
RM 500,000
|
RM 208
|
2,400 sqft
|
|
|
Jalan Bukit Minyak 1
|
RM 810,000
|
RM 289
|
2,799 sqft
|
|
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Market Snapshot
ResidentialRM 507,500
RM 283 psfMedian transaction price
Taman Bukit Minyak Indah, 14000 Bukit Mertajam, Pulau Pinang, Malaysia
MapsTaman 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 283.
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 450K to RM 649K, and a typical market range of RM 450K to RM 613K.
Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.
The median PSF stands at RM 283, with core pricing between RM 236 and RM 331. Market pricing typically extends from RM 254.15 to RM 312.15, reflecting moderate variation in unit pricing. The spread of RM 58.00 (IQR) and deviation of RM 48 (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.