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 340.

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.

For price per square foot, the median is RM 340, with most transactions between RM 318 and RM 362. The usual range is RM 248.88 to RM 431.13, showing that most units are priced quite close to each other. With an IQR of RM 182.25 and MAD of RM 22, the PSF demonstrates reasonable consistency across the market.

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.