Taman Bukit Minyak Utama
14000 Bukit Mertajam, Pulau Pinang, Malaysia
14000 Bukit Mertajam, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Lorong Bukit Minyak Utama 26
|
RM 620,000
|
RM 329
|
1,884 sqft
|
|
|
|
Lorong Bukit Minyak Utama 28
|
RM 680,000
|
RM 357
|
1,905 sqft
|
|
|
|
Lorong Bukit Minyak Utama 28
|
RM 680,000
|
RM 357
|
1,905 sqft
|
|
|
Lorong Bukit Minyak Utama 12
|
RM 965,000
|
RM 336
|
2,874 sqft
|
|
|
Lorong Bukit Minyak Utama 2
|
RM 1,135,000
|
RM 275
|
4,123 sqft
|
|
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Market Snapshot
ResidentialRM 680,000
RM 346 psfMedian transaction price
Taman Bukit Minyak Utama, 14000 Bukit Mertajam, Pulau Pinang, Malaysia
MapsTaman Bukit Minyak Utama in Seberang Perai Tengah, Penang recorded 5 subsale transactions between 2021 and 2026, with a median price of RM 680K and a median price per square foot (PSF) of RM 336.
This area contains both residential and commercial properties. View 37 residential properties or 7 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 680K, with most transactions falling within a stable range of RM 620K to RM 880K, and a typical market range of RM 620K to RM 780K.
Most transactions involved 2 - 2 1/2 storey terraced, with moderate diversity in property types available.
For price per square foot, the median is RM 336, with most transactions between RM 306 and RM 366. The usual range is RM 244.64 to RM 426.90, showing that most units are priced quite close to each other. With an IQR of RM 182.25 and MAD of RM 30, the PSF demonstrates reasonable consistency across the market.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.