TAMAN PINGGIRAN BUKIT MINYAK

TAMAN PINGGIRAN BUKIT MINYAK in Seberang Perai Tengah, Penang recorded 5 subsale transactions in 2022, with a median price of RM 980K and a median price per square foot (PSF) of RM 175.

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 980K, with most transactions falling within a stable range of RM 975K to RM 980K, and a typical market range of RM 970K to RM 980K.

Most transactions involved detached, with minimal variety in property types.

For price per square foot, the median is RM 175, with most transactions between RM 159 and RM 191. The usual range is RM 143.13 to RM 206.88, showing that most units are priced quite close to each other. With an IQR of RM 63.75 and MAD of RM 16, 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.