TAMAN BUKIT MINYAK (K.W. REALTY) SDN BHD in Seberang Perai Tengah, Penang recorded 5 subsale transactions in 2024, with a median price of RM 756K and a median price per square foot (PSF) of RM 581.
This area consists exclusively of commercial properties, with no residential listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 756K, with most transactions falling within a stable range of RM 749K to RM 680K, and a typical market range of RM 701K to RM 680K.
Most transactions involved 2 - 2 1/2 storey shop, with minimal variety in property types.
For price per square foot, the median is RM 581, with most transactions between RM 546 and RM 617. The usual range is RM 526.50 to RM 635.50, showing that most units are priced quite close to each other. With an IQR of RM 109.00 and MAD of RM 36, the PSF demonstrates reasonable consistency across the market.
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.