Taman Bukit Minyak (K.w. Realty) Sdn Bhd
Taman Bukit Minyak, 14000 Bukit Mertajam, Pulau Pinang, Malaysia
Taman Bukit Minyak, 14000 Bukit Mertajam, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Bukit Minyak 2
|
RM 590,000
|
RM 222
|
2,659 sqft
|
|
|
Tingkat Bukit Minyak 7
|
RM 1,650,000
|
RM 466
|
3,541 sqft
|
|
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Market Snapshot
CommercialRM 1,120,000
RM 344 psfMedian transaction price
Taman Bukit Minyak, 14000 Bukit Mertajam, Pulau Pinang, Malaysia
MapsTaman Bukit Minyak (K.w. Realty) Sdn Bhd in Seberang Perai Tengah, Penang recorded 2 subsale transactions in 2023, with a median price of RM 1.12 million and a median price per square foot (PSF) of RM 344.
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 1.12 million, with most transactions falling within a stable range of RM 590K to RM 1.65 million, and a typical market range of RM 1.07 million to RM 1.17 million.
Most transactions involved 2 - 2 1/2 storey shop, with minimal variety in property types.
Price per square foot shows a median of RM 344, though individual units vary from RM 222 to RM 466 in the core range. The broader market spans RM 291.67 to RM 396.17, indicating diverse property characteristics. A wider spread (IQR: RM 104.50) and deviation (MAD: RM 122) indicate significant PSF variations, likely due to diverse property types or conditions.
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.