Taman Bukit Minyak Utama

14000 Bukit Mertajam, Pulau Pinang, Malaysia

Property Transactions

5 subsales grouped by size

Median
RM 882,000
PSF
RM 214
Price Size
4,100 sqft
2-Sty Shop
RM 1,135,000
Lorong Bukit Minyak Utama 2
4,123 sqft · RM 275 PSF
RM 850,000
Lorong Bukit Minyak Utama 2
4,123 sqft · RM 206 PSF
RM 1,710,000
Lorong Bukit Minyak Utama 2
4,123 sqft · RM 415 PSF
RM 882,000
Lorong Bukit Minyak Utama 2
4,123 sqft · RM 214 PSF
RM 882,000
Lorong Bukit Minyak Utama 2
4,123 sqft · RM 214 PSF
Legend Recent Highest Price Highest PSF
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Market Snapshot

Residential

RM 680,000

RM 434 psf

Median transaction price

Taman Bukit Minyak Utama
© OpenStreetMap · CARTO

Taman Bukit Minyak Utama, 14000 Bukit Mertajam, Pulau Pinang, Malaysia

Maps

Taman Bukit Minyak Utama in Seberang Perai Tengah, Penang recorded 5 Double Storey Shop properties subsale transactions between 2021 and 2026, with a median price of RM 882K and a median price per square foot (PSF) of RM 214.

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 882K, with most transactions falling within a stable range of RM 850K to RM 1.21 million, and a typical market range of RM 850K to RM 982K.

Within the Double Storey Shop category, 2 - 2 1/2 storey terraced dominated the market, with moderate diversity in property types available.

Price per square foot shows a median of RM 214, though individual units vary from RM 135 to RM 293 in the core range. The broader market spans RM 122.82 to RM 305.07, indicating diverse property characteristics. A wider spread (IQR: RM 182.25) and deviation (MAD: RM 79) indicate significant PSF variations, likely due to diverse property types or conditions.

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.