Industri Bukit Minyak(Perda)

Jalan Perindustrian Bukit Minyak, 14100 Simpang Ampat, Pulau Pinang, Malaysia

Property Transactions

8 subsales grouped by size · Factory →

Period
transactions middle 50% (P25–P75)
9,800 sqft
Semi-D Factory
RM2,600,000
Lorong Bukit Minyak 1D
9,817 sqft · RM265 PSF
11,150 sqft
Semi-D Factory
RM2,800,000
Lorong Iks Bukit Minyak 1D
11,151 sqft · RM251 PSF
23,150 sqft
Factory
RM6,474,000
Jalan Iks Bukit Minyak
23,153 sqft · RM280 PSF
35,350 sqft
Factory
RM10,497,000
Jalan Iks Bukit Minyak
35,338 sqft · RM297 PSF
37,600 sqft
Factory
RM6,000,000
Jalan Iks Bukit Minyak
37,598 sqft · RM160 PSF
43,500 sqft
Factory
RM6,500,000
Jalan Iks Bukit Minyak
43,497 sqft · RM149 PSF
57,650 sqft
Factory
RM13,200,000
Jalan Iks Bukit Minyak
57,630 sqft · RM229 PSF
265,450 sqft
Factory
RM33,800,000
Jalan Iks Bukit Minyak
265,455 sqft · RM127 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Commercial

RM2,700,000

RM258 psf

Median transaction price

Industri Bukit Minyak(Perda)
© OpenStreetMap · CARTO

Jalan Perindustrian Bukit Minyak, 14100 Simpang Ampat, Pulau Pinang, Malaysia

Maps

Industri Bukit Minyak(Perda) in Seberang Perai Tengah, Penang recorded 8 subsale transactions between 2021 and 2026, with a median price of RM6.49 million and a median price per square foot (PSF) of RM251.

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 RM6.49 million, with most transactions falling within a stable range of RM2.70 million to RM10.27 million, and a typical market range of RM3.50 million to RM9.47 million.

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

The median PSF stands at RM251, with core pricing between RM203 and RM300. Market pricing typically extends from RM195.34 to RM306.84, reflecting moderate variation in unit pricing. The spread of RM111.50 (IQR) and deviation of RM49 (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.