TAMAN BUKIT MINYAK UTAMA

Area Intelligence
2024
Median Price
RM 1,135,000
PSF: RM 514

Residential PSF Trends

Median Price

RM 680,000

PSF: RM 514

Commercial PSF Trends

Median Price

RM 2,111,500

RM 537 PSF

TAMAN BUKIT MINYAK UTAMA in Seberang Perai Tengah, Penang recorded 3 subsale transactions in 2024, with a median price of RM 1.14 million and a median price per square foot (PSF) of RM 514.

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 1.14 million, with most transactions falling within a stable range of RM 680K to RM 2.18 million, and a typical market range of RM 1.04 million to RM 1.24 million.

Most transactions involved 2 - 2 1/2 storey terraced, with moderate diversity in property types available.

The median PSF stands at RM 514, with core pricing between RM 456 and RM 572. Market pricing typically extends from RM 422.88 to RM 605.13, reflecting moderate variation in unit pricing. With an IQR of RM 182.25 and MAD of RM 58, 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.

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TAMAN BUKIT MINYAK UTAMA, Seberang Perai Tengah, Penang

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Transactions

3 transactions found

RM 680,000
LORONG BUKIT MINYAK UTAMA 28
1,324 sqft RM 514.00 PSF
RM 1,135,000
LORONG BUKIT MINYAK UTAMA 2
1,873 sqft RM 606.00 PSF
RM 3,088,000
JALAN BUKIT MINYAK UTAMA
6,609 sqft RM 467.00 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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