TMN BKT MINYAK (STANDALUX)

TMN BKT MINYAK (STANDALUX) in Seberang Perai Tengah, Penang recorded 6 subsale transactions in 2022, with a median price of RM 390K and a median price per square foot (PSF) of RM 200.

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 390K, with most transactions falling within a stable range of RM 362K to RM 418K, and a typical market range of RM 364K to RM 416K.

Most transactions involved 1 - 1 1/2 storey semi-detached, though some variety exists in the market.

The median PSF stands at RM 200, with core pricing between RM 170 and RM 229. Market pricing typically extends from RM 188.00 to RM 211.00, reflecting moderate variation in unit pricing. With an IQR of RM 23.00 and MAD of RM 29, 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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.