TAMAN BUKIT MINYAK PERMAI

TAMAN BUKIT MINYAK PERMAI in Seberang Perai Tengah, Penang recorded 4 subsale transactions in 2022, with a median price of RM 825K and a median price per square foot (PSF) of RM 281.

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 825K, with most transactions falling within a stable range of RM 720K to RM 1.02 million, and a typical market range of RM 753K to RM 897K.

Most transactions involved 2 - 2 1/2 storey semi-detached, though some variety exists in the market.

The median PSF stands at RM 281, with core pricing between RM 249 and RM 313. Market pricing typically extends from RM 245.75 to RM 316.25, reflecting moderate variation in unit pricing. With an IQR of RM 70.50 and MAD of RM 32, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.