Area Intelligence

TAMAN BUKIT MINYAK UTAMA

15 properties
2022
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Median Price
RM 705,000
PSF: RM 397

Residential Market

Median Price

RM 638,000

IQR: RM 189
MAD: RM 86
RM 396 PSF 1.8%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 1,390,500

IQR: RM 41
MAD: RM 20
RM 642 PSF 8.6%

PSF Trends (2021-2025)

TAMAN BUKIT MINYAK UTAMA in Seberang Perai Tengah, Penang recorded 15 subsale transactions in 2022, with a median price of RM 705K and a median price per square foot (PSF) of RM 397.

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 705K, with most transactions falling within a stable range of RM 528K to RM 1.03 million, and a typical market range of RM 605K to RM 805K.

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 397, though individual units vary from RM 276 to RM 518 in the core range. The broader market spans RM 302.00 to RM 492.00, indicating diverse property characteristics. A wider spread (IQR: RM 190.00) and deviation (MAD: RM 121) indicate significant PSF variations, likely due to diverse property types or conditions.

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

15 properties grouped by size

1,300 sqft
3 units Double Storey Terraced
RM 705,000
LORONG BUKIT MINYAK UTAMA 32
1,324 sqft · RM 532.00 PSF
Sep 2022
RM 528,000
LORONG BUKIT MINYAK UTAMA 30
1,324 sqft · RM 399.00 PSF
Aug 2022
RM 600,000
LRG BUKIT MINYAK UTAMA 28
1,324 sqft · RM 453.00 PSF
Jul 2022
1,350 sqft
1 units Double Storey Terraced
RM 638,000
LORONG BUKIT MINYAK UTAMA 28
1,367 sqft · RM 467.00 PSF
Jun 2022
1,400 sqft
3 units Double Storey Terraced
RM 630,000
LORONG BUKIT MINYAK UTAMA 20
1,389 sqft · RM 454.00 PSF
Apr 2022
RM 550,000
LORONG BUKIT MINYAK UTAMA 18
1,389 sqft · RM 396.00 PSF
Jan 2022
RM 560,000
LORONG BUKIT MINYAK UTAMA 28
1,410 sqft · RM 397.00 PSF
Jan 2022
1,550 sqft
1 units Double Storey Shop
RM 882,000
LORONG BUKIT MINYAK UTAMA 2
1,572 sqft · RM 561.00 PSF
Oct 2022
1,900 sqft
1 units Double Storey Terraced
RM 600,000
LRG BUKIT MINYAK UTAMA 28
1,884 sqft · RM 319.00 PSF
May 2022
2,350 sqft
1 units Double Storey Terraced
RM 880,000
LORONG BUKIT MINYAK UTAMA 32
2,325 sqft · RM 378.00 PSF
Dec 2022
2,650 sqft
1 units 3-Storey Storey Shop
RM 1,899,000
JALAN BKT MINYAK
2,626 sqft · RM 723.00 PSF
Sep 2022
2,850 sqft
2 units Double Storey Semi-D
RM 845,000
LORONG BUKIT MINYAK UTAMA 8
2,874 sqft · RM 294.00 PSF
Jul 2022
RM 799,000
LORONG BUKIT MINYAK UTAMA 12
2,874 sqft · RM 278.00 PSF
Jun 2022
2,900 sqft
1 units Double Storey Semi-D
RM 780,000
LORONG BUKIT MINYAK UTAMA 10
2,885 sqft · RM 270.00 PSF
May 2022
3,500 sqft
1 units Double Storey Terraced
RM 1,000,000
LORONG BUKIT MINYAK UTAMA 20
3,498 sqft · RM 286.00 PSF
Sep 2022