Taman Bukit Minyak(K.w.realty)
Taman Bukit Minyak, 14000 Bukit Mertajam, Pulau Pinang, Malaysia
Taman Bukit Minyak, 14000 Bukit Mertajam, Pulau Pinang, Malaysia
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Market Snapshot
ResidentialRM 70,000
RM 125 psfMedian transaction price
Taman Bukit Minyak, 14000 Bukit Mertajam, Pulau Pinang, Malaysia
MapsTaman Bukit Minyak(K.w.realty) in Seberang Perai Tengah, Penang recorded 1 subsale transactions in 2021, with a median price of RM 70K and a median price per square foot (PSF) of RM 125.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat.
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 125, with most transactions between RM 125 and RM 125. The usual range is RM 47.31 to RM 202.81, showing that most units are priced quite close to each other. With an IQR of RM 155.50 and MAD of RM 0, 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.