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

TAMAN BUKIT MINYAK(K.W.REALTY)

Area Intelligence

2024

Median Price

RM 529,000

PSF: RM 424

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Residential PSF Trends

Median Price

RM 529,000

PSF: RM 424

TAMAN BUKIT MINYAK(K.W.REALTY) in Seberang Perai Tengah, Penang recorded 2 subsale transactions in 2024, with a median price of RM 529K and a median price per square foot (PSF) of RM 424.

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 529K, with most transactions falling within a stable range of RM 498K to RM 560K, and a typical market range of RM 498K to RM 560K.

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 424, with most transactions between RM 417 and RM 430. The usual range is RM 350.25 to RM 496.75, showing that most units are priced quite close to each other. With an IQR of RM 146.50 and MAD of RM 7, 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. Some price volatility exists, making thorough market research essential before transacting. 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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