Taman Bukit Minyak Permai

Taman Bukit Minyak, 14000 Bukit Mertajam, Pulau Pinang, Malaysia

Property Transactions

2 subsales grouped by size · Semi-D →

Median
RM 965,000
PSF
RM 386
Price Size
2,300 sqft
Semi-D
RM 1,100,000
Lorong Bukit Minyak Permai 7
2,303 sqft · RM 478 PSF
2,800 sqft
Semi-D
RM 830,000
Lorong Bukit Minyak Permai 5
2,820 sqft · RM 294 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM 965,000

RM 386 psf

Median transaction price

Taman Bukit Minyak Permai
© OpenStreetMap · CARTO

Taman Bukit Minyak, 14000 Bukit Mertajam, Pulau Pinang, Malaysia

Maps

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 830K to RM 1.10 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.

Price per square foot shows a median of RM 386, though individual units vary from RM 294 to RM 478 in the core range. The broader market spans RM 353.42 to RM 418.42, indicating diverse property characteristics. The spread of RM 65.00 (IQR) and deviation of RM 92 (MAD) suggest moderate price variations reflecting different property features.

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.