Taman Bukit Minyak Utama

14000 Bukit Mertajam, Pulau Pinang, Malaysia

Property Transactions

19 subsales grouped by size · 2-Sty Terrace →

Median
RM 750,000
PSF
RM 326
Price Size
1,850 sqft
2-Sty Terrace
RM 650,000
Lorong Bukit Minyak Utama 30
1,873 sqft · RM 347 PSF
RM 710,000
Lorong Bukit Minyak Utama 28
1,830 sqft · RM 388 PSF
RM 670,000
Lorong Bukit Minyak Utama 18
1,873 sqft · RM 358 PSF
1,900 sqft
2-Sty Terrace
RM 670,000
Lorong Bukit Minyak Utama 30
1,905 sqft · RM 352 PSF
RM 780,000
Lorong Bukit Minyak Utama 28
1,905 sqft · RM 409 PSF
RM 650,000
Lorong Bukit Minyak Utama 24
1,905 sqft · RM 341 PSF
RM 755,000
Lorong Bukit Minyak Utama 30
1,905 sqft · RM 396 PSF
RM 670,000
Lorong Bukit Minyak Utama 24
1,905 sqft · RM 352 PSF
RM 590,000
Lorong Bukit Minyak Utama 28
1,905 sqft · RM 310 PSF
2,350 sqft
2-Sty Terrace
RM 680,000
Lorong Bukit Minyak Utama 20
2,357 sqft · RM 288 PSF
2,400 sqft
2-Sty Terrace
RM 719,000
Lorong Bkt Minyak Utama 32
2,390 sqft · RM 301 PSF
RM 780,000
Lorong Bukit Minyak Utama 30
2,390 sqft · RM 326 PSF
2,850 sqft
Semi-D
RM 850,000
Lorong Bukit Minyak Utama 14
2,874 sqft · RM 296 PSF
RM 750,000
Lorong Bukit Minyak Utama 6
2,874 sqft · RM 261 PSF
RM 850,000
Lorong Bukit Minyak Utama 12
2,874 sqft · RM 296 PSF
RM 858,000
Lorong Bukit Minyak Utama 8
2,874 sqft · RM 299 PSF
4,100 sqft
2-Sty Shop
RM 1,710,000
Lorong Bukit Minyak Utama 2
4,123 sqft · RM 415 PSF
RM 850,000
Lorong Bukit Minyak Utama 2
4,123 sqft · RM 206 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 714,500

RM 334 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 19 subsale transactions in 2023, with a median price of RM 750K and a median price per square foot (PSF) of RM 326.

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 750K, with most transactions falling within a stable range of RM 590K to RM 982K, and a typical market range of RM 650K to RM 850K.

Most transactions involved 2 - 2 1/2 storey terraced, with moderate diversity in property types available.

The median PSF stands at RM 326, with core pricing between RM 269 and RM 384. Market pricing typically extends from RM 235.30 to RM 417.55, reflecting moderate variation in unit pricing. The spread of RM 182.25 (IQR) and deviation of RM 57 (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.