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 1.05 million to RM 1.22 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 437 and RM 591. 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 77, 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.

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TAMAN BUKIT MINYAK UTAMA, Seberang Perai Tengah, Penang

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