Penang
Seberang Perai Tengah
13
TAMAN BUKIT MINYAK(K.W.REALTY)

TAMAN BUKIT MINYAK(K.W.REALTY)

Area Intelligence

2022

Median Price

RM 420,000

PSF: RM 298

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Residential PSF Trends

Median Price

RM 420,000

PSF: RM 298

TAMAN BUKIT MINYAK(K.W.REALTY) in Seberang Perai Tengah, Penang recorded 6 subsale transactions in 2022, with a median price of RM 420K and a median price per square foot (PSF) of RM 298.

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 420K, with most transactions falling within a stable range of RM 409K to RM 430K, and a typical market range of RM 406K to RM 430K.

Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.

For price per square foot, the median is RM 298, with most transactions between RM 284 and RM 312. The usual range is RM 224.75 to RM 371.25, showing that most units are priced quite close to each other. With an IQR of RM 146.50 and MAD of RM 14, the PSF demonstrates reasonable consistency across the market.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN BUKIT MINYAK(K.W.REALTY), Seberang Perai Tengah, Penang

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