Penang
Seberang Perai Tengah
14
TAMAN BUKIT MINYAK UTAMA

TAMAN BUKIT MINYAK UTAMA

Area Intelligence

2023

Median Price

RM 850,000

PSF: RM 296

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Residential PSF Trends

Median Price

RM 850,000

PSF: RM 296

Commercial PSF Trends

Median Price

RM 1,135,000

RM 561 PSF

TAMAN BUKIT MINYAK UTAMA in Seberang Perai Tengah, Penang recorded 5 subsale transactions in 2023, with a median price of RM 850K and a median price per square foot (PSF) of RM 296.

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 850K, with most transactions falling within a stable range of RM 801K to RM 858K, and a typical market range of RM 750K to RM 858K.

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 296, with most transactions between RM 278 and RM 314. The usual range is RM 204.88 to RM 387.13, showing that most units are priced quite close to each other. With an IQR of RM 182.25 and MAD of RM 18, 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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Transactions

5 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)

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Road	Price	Land PSF	Land	Date	Type

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