Taman Pinggiran Bukit Minyak
116, Jalan Bukit Minyak 2, Taman Bukit Minyak Indah, 14100 Bukit Mertajam, Pulau Pinang, Malaysia
116, Jalan Bukit Minyak 2, Taman Bukit Minyak Indah, 14100 Bukit Mertajam, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Lorong Pinggiran Bukit Minyak 6 (Arezzo)
|
RM 980,000
|
RM 197
|
4,962 sqft
|
|
|
Lorong Pinggiran Bukit Minyak 5 (Verona)
|
RM 980,000
|
RM 195
|
5,038 sqft
|
|
|
Lorong Pinggiran Bukit Minyak 5 (Verona)
|
RM 980,000
|
RM 175
|
5,597 sqft
|
|
|
|
Lorong Pinggiran Bukit Minyak 6 (Arezzo)
|
RM 970,000
|
RM 173
|
5,597 sqft
|
|
|
Lorong Pinggiran Bukit Minyak 5
|
RM 970,000
|
RM 155
|
6,254 sqft
|
|
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Market Snapshot
ResidentialRM 980,000
RM 175 psfMedian transaction price
116, Jalan Bukit Minyak 2, Taman Bukit Minyak Indah, 14100 Bukit Mertajam, Pulau Pinang, Malaysia
MapsTaman 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 160 and RM 191. The usual range is RM 142.84 to RM 207.34, showing that most units are priced quite close to each other. With an IQR of RM 64.50 and MAD of RM 16, 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.