Taman Industri Cheruk Tok Kun
Taman Perindustrian Bukit Minyak, Kawasan Perindustrian Bukit Minyak, 14100 Simpang Ampat, Penang, Malaysia
Taman Perindustrian Bukit Minyak, Kawasan Perindustrian Bukit Minyak, 14100 Simpang Ampat, Penang, Malaysia
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Market Snapshot
ResidentialRM 288,000
RM 280 psfMedian transaction price
Taman Perindustrian Bukit Minyak, Kawasan Perindustrian Bukit Minyak, 14100 Simpang Ampat, Penang, Malaysia
MapsTaman Industri Cheruk Tok Kun in Seberang Perai Tengah, Penang recorded 0 subsale transactions in 2021, with a median price of RM 310K and a median price per square foot (PSF) of RM 294.
This area contains both residential and commercial properties. View 13 residential properties or 3 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 310K, with most transactions falling within a stable range of RM 270K to RM 350K, and a typical market range of RM 261K to RM 359K.
Most transactions involved low-cost house, though some variety exists in the market.
The median PSF stands at RM 294, with core pricing between RM 256 and RM 331. Market pricing typically extends from RM 253.75 to RM 333.25, reflecting moderate variation in unit pricing. With an IQR of RM 79.50 and MAD of RM 38, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.