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.
