Taman Bukit Minyak (K.w. Realty) Sdn Bhd

Taman Bukit Minyak, 14000 Bukit Mertajam, Pulau Pinang, Malaysia

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Market Snapshot

Commercial

RM 700,000

RM 557 psf

Median transaction price

Taman Bukit Minyak (K.w. Realty) Sdn Bhd
© OpenStreetMap · CARTO

Taman Bukit Minyak, 14000 Bukit Mertajam, Pulau Pinang, Malaysia

Maps

Taman Bukit Minyak (K.w. Realty) Sdn Bhd in Seberang Perai Tengah, Penang recorded 0 subsale transactions in 2021, with a median price of RM 700K and a median price per square foot (PSF) of RM 557.

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 700K, with most transactions falling within a stable range of RM 650K to RM 750K, and a typical market range of RM 654K to RM 747K.

Most transactions involved 2 - 2 1/2 storey shop, with minimal variety in property types.

The median PSF stands at RM 557, with core pricing between RM 486 and RM 628. Market pricing typically extends from RM 504.75 to RM 609.25, reflecting moderate variation in unit pricing. With an IQR of RM 104.50 and MAD of RM 71, 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.