Penang
Seberang Perai Tengah
14
TAMAN BUKIT MINYAK UTAMA

TAMAN BUKIT MINYAK UTAMA

Area Intelligence

2023

Median Price

RM 734,500

PSF: RM 461

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Residential PSF Trends

Median Price

RM 714,500

PSF: RM 440

Commercial PSF Trends

Median Price

RM 866,000

RM 551 PSF

TAMAN BUKIT MINYAK UTAMA in Seberang Perai Tengah, Penang recorded 18 subsale transactions in 2023, with a median price of RM 735K and a median price per square foot (PSF) of RM 461.

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 735K, with most transactions falling within a stable range of RM 649K to RM 820K, and a typical market range of RM 635K to RM 835K.

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 461, though individual units vary from RM 354 to RM 567 in the core range. The broader market spans RM 369.38 to RM 551.63, indicating diverse property characteristics. The spread of RM 182.25 (IQR) and deviation of RM 107 (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

OSM

Track location

Transactions

18 transactions grouped by size

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

Custom Range

Min Price (RM)

Max Price (RM)

Clear

Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

Custom Range

Min Size (sqft)

Max Size (sqft)

Clear

Road	Price	Land PSF	Land	Date	Type

1,300 sqft

Double Storey Terraced

1,300 sqft

Double Storey Terraced

RM 670,000

LORONG BUKIT MINYAK UTAMA 30

1,324 sqft · RM 506 PSF

Dec 2023

RM 719,000

LORONG BKT MINYAK UTAMA 32

1,324 sqft · RM 543 PSF

Aug 2023

RM 780,000

LORONG BUKIT MINYAK UTAMA 30

1,324 sqft · RM 589 PSF

Aug 2023

RM 590,000

LORONG BUKIT MINYAK UTAMA 28

1,324 sqft · RM 446 PSF

Jan 2023

LORONG BUKIT MINYAK UTAMA 30	RM 670,000	RM 506	1,324 sqft	Dec 2023
LORONG BKT MINYAK UTAMA 32	RM 719,000	RM 543	1,324 sqft	Aug 2023
LORONG BUKIT MINYAK UTAMA 30	RM 780,000	RM 589	1,324 sqft	Aug 2023
LORONG BUKIT MINYAK UTAMA 28	RM 590,000	RM 446	1,324 sqft	Jan 2023

1,350 sqft

Double Storey Terraced

1,350 sqft

Double Storey Terraced

RM 710,000

LORONG BUKIT MINYAK UTAMA 28

1,367 sqft · RM 519 PSF

Oct 2023

LORONG BUKIT MINYAK UTAMA 28

RM 710,000

RM 519

1,367 sqft

Oct 2023

1,400 sqft

Double Storey Terraced

1,400 sqft

Double Storey Terraced

RM 670,000

LORONG BUKIT MINYAK UTAMA 18

1,389 sqft · RM 483 PSF

Jun 2023

RM 680,000

LORONG BUKIT MINYAK UTAMA 20

1,389 sqft · RM 490 PSF

May 2023

RM 670,000

LORONG BUKIT MINYAK UTAMA 24

1,410 sqft · RM 475 PSF

Mar 2023

LORONG BUKIT MINYAK UTAMA 18	RM 670,000	RM 483	1,389 sqft	Jun 2023
LORONG BUKIT MINYAK UTAMA 20	RM 680,000	RM 490	1,389 sqft	May 2023
LORONG BUKIT MINYAK UTAMA 24	RM 670,000	RM 475	1,410 sqft	Mar 2023

1,550 sqft

RM 650,000

LORONG BUKIT MINYAK UTAMA 24

1,539 sqft · RM 422 PSF

Apr 2023

RM 850,000

LORONG BUKIT MINYAK UTAMA 2

1,572 sqft · RM 541 PSF

Mar 2023

RM 882,000

LORONG BUKIT MINYAK UTAMA 2

1,572 sqft · RM 561 PSF

Jan 2023

LORONG BUKIT MINYAK UTAMA 24	RM 650,000	RM 422	1,539 sqft	Apr 2023	Double Storey Terraced
LORONG BUKIT MINYAK UTAMA 2	RM 850,000	RM 541	1,572 sqft	Mar 2023	Double Storey Shop
LORONG BUKIT MINYAK UTAMA 2	RM 882,000	RM 561	1,572 sqft	Jan 2023	Double Storey Shop

1,800 sqft

Double Storey Terraced

1,800 sqft

Double Storey Terraced

RM 650,000

LORONG BUKIT MINYAK UTAMA 30

1,798 sqft · RM 362 PSF

Dec 2023

RM 780,000

LORONG BUKIT MINYAK UTAMA 28

1,798 sqft · RM 434 PSF

Sep 2023

LORONG BUKIT MINYAK UTAMA 30	RM 650,000	RM 362	1,798 sqft	Dec 2023
LORONG BUKIT MINYAK UTAMA 28	RM 780,000	RM 434	1,798 sqft	Sep 2023

2,850 sqft

Double Storey Semi-D

2,850 sqft

Double Storey Semi-D

RM 850,000

LORONG BUKIT MINYAK UTAMA 14

2,874 sqft · RM 296 PSF

Dec 2023

RM 750,000

LORONG BUKIT MINYAK UTAMA 6

2,874 sqft · RM 261 PSF

Aug 2023

RM 850,000

LORONG BUKIT MINYAK UTAMA 12

2,874 sqft · RM 296 PSF

May 2023

RM 858,000

LORONG BUKIT MINYAK UTAMA 8

2,874 sqft · RM 299 PSF

Jan 2023

LORONG BUKIT MINYAK UTAMA 14	RM 850,000	RM 296	2,874 sqft	Dec 2023
LORONG BUKIT MINYAK UTAMA 6	RM 750,000	RM 261	2,874 sqft	Aug 2023
LORONG BUKIT MINYAK UTAMA 12	RM 850,000	RM 296	2,874 sqft	May 2023
LORONG BUKIT MINYAK UTAMA 8	RM 858,000	RM 299	2,874 sqft	Jan 2023