TAMAN BUKIT MINYAK UTAMA

Area Intelligence
2021
Median Price
RM 655,000
PSF: RM 487

Residential PSF Trends

Median Price

RM 655,000

PSF: RM 487

Commercial PSF Trends

Median Price

RM 1,135,000

RM 561 PSF

TAMAN BUKIT MINYAK UTAMA in Seberang Perai Tengah, Penang recorded 4 subsale transactions in 2021, with a median price of RM 655K and a median price per square foot (PSF) of RM 487.

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 655K, with most transactions falling within a stable range of RM 623K to RM 687K, and a typical market range of RM 620K to RM 710K.

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

Price per square foot shows a median of RM 487, though individual units vary from RM 377 to RM 597 in the core range. The broader market spans RM 395.88 to RM 578.13, indicating diverse property characteristics. The spread of RM 182.25 (IQR) and deviation of RM 110 (MAD) suggest moderate price variations reflecting different property features.

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

4 transactions grouped by size

1,300 sqft
Double Storey Terraced
RM 650,000
LORONG BUKIT MINYAK UTAMA 30
1,324 sqft · RM 491 PSF
1,350 sqft
Double Storey Terraced
RM 660,000
LORONG BUKIT MINYAK UTAMA 28
1,367 sqft · RM 483 PSF
1,400 sqft
Double Storey Terraced
RM 710,000
LORONG BUKIT MINYAK UTAMA 20
1,389 sqft · RM 511 PSF
2,550 sqft
Double Storey Terraced
RM 620,000
LORONG BUKIT MINYAK UTAMA 18
2,573 sqft · RM 241 PSF

No Properties For Sale

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

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