Area Intelligence

TAMAN BUKIT MINYAK UTAMA

4 properties
2021
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Median Price
RM 655,000
PSF: RM 487

Residential Market

Median Price

RM 655,000

IQR: RM 189
MAD: RM 86
RM 487 PSF 1.8%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 1,135,000

IQR: RM 41
MAD: RM 20
RM 561 PSF 8.6%

PSF Trends (2021-2025)

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 487.

This area contains both residential and commercial properties. View 35 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.

Price per square foot shows a median of RM 487, though individual units vary from RM 377 to RM 597 in the core range. The broader market spans RM 392.00 to RM 582.00, indicating diverse property characteristics. The spread of RM 190.00 (IQR) and deviation of RM 110 (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.

Area Location

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TAMAN BUKIT MINYAK UTAMA, Seberang Perai Tengah, Penang

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Transactions

4 properties found

Double Storey Terraced LORONG BUKIT MINYAK UTAMA 20
RM 710,000
1,389 sqft Dec 2021
RM 511.00 PSF
Double Storey Terraced LORONG BUKIT MINYAK UTAMA 28
RM 660,000
1,367 sqft Dec 2021
RM 483.00 PSF
Double Storey Terraced LORONG BUKIT MINYAK UTAMA 18
RM 620,000
2,573 sqft Nov 2021
RM 241.00 PSF
Double Storey Terraced LORONG BUKIT MINYAK UTAMA 30
RM 650,000
1,324 sqft Jul 2021
RM 491.00 PSF