Industri Bukit Minyak(Perda)
Jalan Perindustrian Bukit Minyak, 14100 Simpang Ampat, Pulau Pinang, Malaysia
Jalan Perindustrian Bukit Minyak, 14100 Simpang Ampat, Pulau Pinang, Malaysia
Selling in Industri Bukit Minyak(Perda)? Homes here sold for a median of RM33,800,000.
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Industri Bukit Minyak(Perda)
PSF median price per sq ft · 12m its change over the past 12 months
Most-traded areas in this mukim, by number of recorded subsale transactions. See every area in 14
Market Snapshot
CommercialRM33,800,000
RM127 psfMedian transaction price
Jalan Perindustrian Bukit Minyak, 14100 Simpang Ampat, Pulau Pinang, Malaysia
MapsIndustri Bukit Minyak(Perda) in Seberang Perai Tengah, Penang recorded 1 subsale transactions between 2021 and 2026, sized between 265,425 and 265,474 sqft, with a median price of RM33.80 million and a median price per square foot (PSF) of RM127.
This area consists exclusively of commercial properties, with no residential listings recorded.
Price remained flat, and PSF growth was PSF remained flat.
Most transactions involved detached factory/warehouse, though some variety exists in the market.
For price per square foot, the median is RM127, with most transactions between RM127 and RM127. The usual range is RM71.58 to RM183.08, showing that most units are priced quite close to each other. With an IQR of RM111.50 and MAD of RM0, the PSF demonstrates reasonable consistency across the market.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.