INDUSTRI BUKIT MINYAK(PERDA)

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.