TAMAN BUKIT MINYAK UTAMA

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 36 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 393.75 to RM 580.25, indicating diverse property characteristics. The spread of RM 186.50 (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.