Area Intelligence

TAMAN BUKIT MINYAK UTAMA

3 properties
2024
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Median Price
RM 1,135,000
PSF: RM 514

Residential Market

Median Price

RM 680,000

IQR: RM 189
MAD: RM 86
RM 514 PSF 1.8%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 2,111,500

IQR: RM 41
MAD: RM 20
RM 537 PSF 8.6%

PSF Trends (2021-2025)

TAMAN BUKIT MINYAK UTAMA in Seberang Perai Tengah, Penang recorded 3 subsale transactions in 2024, with a median price of RM 1.14 million and a median price per square foot (PSF) of RM 514.

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 1.14 million, with most transactions falling within a stable range of RM 680K to RM 2.18 million, and a typical market range of RM 1.04 million to RM 1.24 million.

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

The median PSF stands at RM 514, with core pricing between RM 456 and RM 572. Market pricing typically extends from RM 419.00 to RM 609.00, reflecting moderate variation in unit pricing. With an IQR of RM 190.00 and MAD of RM 58, 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. 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

3 properties found

Double Storey Terraced LORONG BUKIT MINYAK UTAMA 28
RM 680,000
1,324 sqft Aug 2024
RM 514.00 PSF
Double Storey Shop LORONG BUKIT MINYAK UTAMA 2
RM 1,135,000
1,873 sqft Apr 2024
RM 606.00 PSF
Single Storey Shop JALAN BUKIT MINYAK UTAMA
RM 3,088,000
6,609 sqft Mar 2024
RM 467.00 PSF