Taman Bukit Minyak Utama
14000 Bukit Mertajam, Pulau Pinang, Malaysia
14000 Bukit Mertajam, Pulau Pinang, Malaysia
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Market Snapshot
ResidentialRM 680,000
RM 434 psfMedian transaction price
Taman Bukit Minyak Utama, 14000 Bukit Mertajam, Pulau Pinang, Malaysia
MapsTaman Bukit Minyak Utama in Seberang Perai Tengah, Penang recorded 0 subsale transactions in 2026, with a median price of RM 710K and a median price per square foot (PSF) of RM 454.
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 710K, with most transactions falling within a stable range of RM 621K to RM 800K, and a typical market range of RM 610K to RM 810K.
Most transactions involved 2 - 2 1/2 storey terraced, with moderate diversity in property types available.
The median PSF stands at RM 454, with core pricing between RM 377 and RM 531. Market pricing typically extends from RM 362.38 to RM 544.63, reflecting moderate variation in unit pricing. The spread of RM 182.25 (IQR) and deviation of RM 77 (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.