Area Intelligence

TMN BUKIT MINYAK (K.W. REALTY) SDN BHD

5 properties
2024
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Median Price
RM 756,000
PSF: RM 581

Commercial Market

Median Price

RM 756,000

IQR: RM 151
MAD: RM 101
RM 581 PSF 13.5%

PSF Trends (2021-2025)

TMN BUKIT MINYAK (K.W. REALTY) SDN BHD in Seberang Perai Tengah, Penang recorded 5 subsale transactions in 2024, with a median price of RM 756K and a median price per square foot (PSF) of RM 581.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 756K, with most transactions falling within a stable range of RM 665K to RM 1.14 million, and a typical market range of RM 665K to RM 922K.

Most transactions involved 2 - 2 1/2 storey shop, with minimal variety in property types.

Price per square foot shows a median of RM 581, though individual units vary from RM 439 to RM 723 in the core range. The broader market spans RM 505.75 to RM 656.25, indicating diverse property characteristics. The spread of RM 150.50 (IQR) and deviation of RM 142 (MAD) suggest moderate price variations reflecting different property features.

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.

Area Location

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TMN BUKIT MINYAK (K.W. REALTY) SDN BHD, Seberang Perai Tengah, Penang

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Transactions

5 properties grouped by size

1,200 sqft
1 units Double Storey Shop
RM 665,000
JLN BUKIT MINYAK 3
1,195 sqft · RM 557.00 PSF
May 2024
1,250 sqft
1 units Double Storey Shop
RM 756,000
JALAN BUKIT MINYAK 3
1,270 sqft · RM 595.00 PSF
Jul 2024
1,350 sqft
1 units Double Storey Shop
RM 775,000
JALAN BUKIT MINYAK 3
1,335 sqft · RM 581.00 PSF
Jul 2024
1,400 sqft
1 units Double Storey Shop
RM 680,000
JALAN BUKIT MINYAK 3
1,399 sqft · RM 486.00 PSF
Feb 2024
1,850 sqft
1 units Double Storey Shop
RM 1,680,000
TINGKAT BUKIT MINYAK 7
1,873 sqft · RM 897.00 PSF
Sep 2024