Area Intelligence

TAMAN BUKIT MINYAK UTAMA

9 properties
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Median Price
RM 670,000
PSF: RM 506

Residential Market

Median Price

RM 670,000

IQR: RM 189
MAD: RM 86
RM 506 PSF 1.8%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 1,135,000

IQR: RM 41
MAD: RM 20
RM 561 PSF 8.6%

PSF Trends (2021-2025)

TAMAN BUKIT MINYAK UTAMA in Seberang Perai Tengah, Penang recorded 9 subsale transactions between 2021 and 2025, with a median price of RM 670K and a median price per square foot (PSF) of RM 506.

This area contains both residential and commercial properties. View 35 residential properties or 7 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 670K, with most transactions falling within a stable range of RM 598K to RM 742K, and a typical market range of RM 570K to RM 770K.

Most transactions involved 2 - 2 1/2 storey terraced, with moderate diversity in property types available.

The median PSF stands at RM 506, with core pricing between RM 452 and RM 560. Market pricing typically extends from RM 411.00 to RM 601.00, reflecting moderate variation in unit pricing. With an IQR of RM 190.00 and MAD of RM 54, 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.

Area Location

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TAMAN BUKIT MINYAK UTAMA, Seberang Perai Tengah, Penang

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Transactions

9 properties grouped by size

1,300 sqft
9 units (showing 6) Double Storey Terraced
RM 680,000
LORONG BUKIT MINYAK UTAMA 28
1,324 sqft · RM 514.00 PSF
Aug 2024
RM 670,000
LORONG BUKIT MINYAK UTAMA 30
1,324 sqft · RM 506.00 PSF
Dec 2023
RM 780,000
LORONG BUKIT MINYAK UTAMA 30
1,324 sqft · RM 589.00 PSF
Aug 2023
RM 719,000
LRG BKT MINYAK UTAMA 32
1,324 sqft · RM 543.00 PSF
Aug 2023
RM 590,000
LORONG BUKIT MINYAK UTAMA 28
1,324 sqft · RM 446.00 PSF
Jan 2023
RM 705,000
LORONG BUKIT MINYAK UTAMA 32
1,324 sqft · RM 532.00 PSF
Sep 2022