Penang
Seberang Perai Tengah
14
TAMAN BUKIT MINYAK UTAMA

TAMAN BUKIT MINYAK UTAMA

Area Intelligence

2024

Median Price

RM 907,500

PSF: RM 560

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Residential PSF Trends

Median Price

RM 680,000

PSF: RM 514

Commercial PSF Trends

Median Price

RM 1,135,000

RM 606 PSF

TAMAN BUKIT MINYAK UTAMA in Seberang Perai Tengah, Penang recorded 2 subsale transactions in 2024, with a median price of RM 908K and a median price per square foot (PSF) of RM 560.

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 908K, with most transactions falling within a stable range of RM 680K to RM 1.14 million, and a typical market range of RM 808K to RM 1.01 million.

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 560, with most transactions between RM 514 and RM 606. The usual range is RM 468.88 to RM 651.13, showing that most units are priced quite close to each other. With an IQR of RM 182.25 and MAD of RM 46, 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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