Industri Bukit Minyak(Pdc)

Jalan Perindustrian Bukit Minyak, 14100 Simpang Ampat, Pulau Pinang, Malaysia

Property Transactions

2 subsales found

Median
RM8,600,000
PSF
RM197
Price Size
Period
transactions middle 50% (P25–P75)
RM10,500,000
Lengkok Perindustrian Bkt Minyak 2
43,594 sqft RM241 PSF
RM6,700,000
Lorong Perindustrian Bukit Minyak 9
43,594 sqft RM154 PSF
Legend Recent Highest Price Highest PSF

Selling in Industri Bukit Minyak(Pdc)? Homes here sold for a median of RM8,600,000.

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Market Snapshot

Commercial

RM8,600,000

RM197 psf

Median transaction price

Industri Bukit Minyak(Pdc)
© OpenStreetMap · CARTO

Jalan Perindustrian Bukit Minyak, 14100 Simpang Ampat, Pulau Pinang, Malaysia

Maps

Industri Bukit Minyak(Pdc) in Seberang Perai Tengah, Penang recorded 2 subsale transactions between 2021 and 2026, sized between 43,575 and 43,624 sqft, with a median price of RM8.60 million and a median price per square foot (PSF) of RM197.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM8.60 million, with most transactions falling within a stable range of RM6.70 million to RM10.50 million, and a typical market range of RM6.70 million to RM10.50 million.

Most transactions involved detached factory/warehouse, though some variety exists in the market.

Price per square foot shows a median of RM197, though individual units vary from RM154 to RM241 in the core range. The broader market spans RM159.77 to RM234.77, indicating diverse property characteristics. The spread of RM75.00 (IQR) and deviation of RM44 (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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.