Industri Bukit Minyak(Perda)

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

Property Transactions

6 subsales grouped by size

Median
RM 8,498,500
PSF
RM 194
Price Size
23,150 sqft
Factory
RM 6,474,000
Jalan Iks Bukit Minyak
23,153 sqft · RM 280 PSF
35,350 sqft
Factory
RM 10,497,000
Jalan Iks Bukit Minyak
35,338 sqft · RM 297 PSF
37,600 sqft
Factory
RM 6,000,000
Jalan Iks Bukit Minyak
37,598 sqft · RM 160 PSF
43,500 sqft
Factory
RM 6,500,000
Jalan Iks Bukit Minyak
43,497 sqft · RM 149 PSF
57,650 sqft
Factory
RM 13,200,000
Jalan Iks Bukit Minyak
57,630 sqft · RM 229 PSF
265,450 sqft
Factory
RM 33,800,000
Jalan Iks Bukit Minyak
265,455 sqft · RM 127 PSF
Legend Recent Highest Price Highest PSF
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Market Snapshot

Commercial

RM 8,498,500

RM 194 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 6 Detached Factory properties subsale transactions between 2021 and 2026, with a median price of RM 8.50 million and a median price per square foot (PSF) of RM 194.

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 194, though individual units vary from RM 129 to RM 260 in the core range. The broader market spans RM 138.56 to RM 250.06, 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.