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 grouped by size

1,300 sqft
1 units Double Storey Terraced
RM 680,000
LORONG BUKIT MINYAK UTAMA 28
1,324 sqft · RM 514.00 PSF
Aug 2024
1,850 sqft
1 units Double Storey Shop
RM 1,135,000
LORONG BUKIT MINYAK UTAMA 2
1,873 sqft · RM 606.00 PSF
Apr 2024
6,600 sqft
1 units Single Storey Shop
RM 3,088,000
JALAN BUKIT MINYAK UTAMA
6,609 sqft · RM 467.00 PSF
Mar 2024