INDUSTRI BUKIT MINYAK(PERDA)

INDUSTRI BUKIT MINYAK(PERDA) in Seberang Perai Tengah, Penang recorded 6 Detached Factory properties subsale transactions between 2021 and 2025 for detached factory properties, with a median price of RM 8.50 million and a median price per square foot (PSF) of RM 195.

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 8.50 million, with most transactions falling within a stable range of RM 6.00 million to RM 18.27 million, and a typical market range of RM 6.00 million to RM 11.48 million.

Within the Detached Factory category, detached factory/warehouse dominated the market, though some variety exists in the market.

Price per square foot shows a median of RM 195, though individual units vary from RM 129 to RM 260 in the core range. The broader market spans RM 138.75 to RM 250.25, indicating diverse property characteristics. A wider spread (IQR: RM 111.50) and deviation (MAD: RM 66) indicate significant PSF variations, likely due to diverse property types or conditions.

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.