INDUSTRI BUKIT MINYAK(PERDA) Property Investment Analysis

14, Seberang Perai Tengah, Penang

Median Price
RM 6,487,000
CAGR
+0.8%
Median PSF
RM 240.00
CAGR
+20.1%
Transactions
8
Period
2021-2024

INDUSTRI BUKIT MINYAK(PERDA) in Seberang Perai Tengah, Penang recorded 8 subsale transactions between 2021 and 2025, with a median price of RM 6.49 million and a median price per square foot (PSF) of RM 240.

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 6.49 million, with most transactions falling within a stable range of RM 2.70 million to RM 10.27 million, and a typical market range of RM 3.50 million to RM 9.47 million.

Most transactions involved detached factory/warehouse, though some variety exists in the market.

Price per square foot shows a median of RM 240, though individual units vary from RM 192 to RM 289 in the core range. The broader market spans RM 184.25 to RM 295.75, indicating diverse property characteristics. The spread of RM 111.50 (IQR) and deviation of RM 49 (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.

ADVANCED FILTERS

TRANSACTIONS

8 found
Semi-Detached Factory/Warehouse
LORONG BUKIT MINYAK 1D
RM 2,600,000
PSF: RM 265.00
Area: 9,817 sqft
Date: Jun 2024
Semi-Detached Factory/Warehouse
LORONG IKS BUKIT MINYAK 1D
RM 2,800,000
PSF: RM 251.00
Area: 11,151 sqft
Date: Jun 2024
Detached Factory/Warehouse
JALAN IKS BUKIT MINYAK
RM 13,200,000
PSF: RM 229.00
Area: 57,630 sqft
Date: Mar 2024
Detached Factory/Warehouse
JALAN IKS BUKIT MINYAK
RM 10,497,000
PSF: RM 297.00
Area: 35,338 sqft
Date: Feb 2024
Detached Factory/Warehouse
JALAN IKS BUKIT MINYAK
RM 6,474,000
PSF: RM 280.00
Area: 23,153 sqft
Date: Jul 2023
Detached Factory/Warehouse
JALAN IKS BUKIT MINYAK
RM 6,000,000
PSF: RM 160.00
Area: 37,598 sqft
Date: Jul 2023
Detached Factory/Warehouse
JALAN IKS BUKIT MINYAK
RM 33,800,000
PSF: RM 127.00
Area: 265,455 sqft
Date: Mar 2023
Detached Factory/Warehouse
JALAN IKS BUKIT MINYAK
RM 6,500,000
PSF: RM 149.00
Area: 43,497 sqft
Date: Jan 2021