TAMAN BUKIT MINYAK PERMAI in Seberang Perai Tengah, Penang recorded 2 subsale transactions in 2023, with a median price of RM 965K and a median price per square foot (PSF) of RM 386.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 965K, with most transactions falling within a stable range of RM 885K to RM 1.05 million, and a typical market range of RM 900K to RM 1.03 million.
Most transactions involved 2 - 2 1/2 storey semi-detached, though some variety exists in the market.
For price per square foot, the median is RM 386, with most transactions between RM 358 and RM 414. The usual range is RM 353.50 to RM 418.50, showing that most units are priced quite close to each other. With an IQR of RM 65.00 and MAD of RM 28, the PSF demonstrates reasonable consistency across the market.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.
