Industri Bukit Minyak(Perda)
Jalan Perindustrian Bukit Minyak, 14100 Simpang Ampat, Pulau Pinang, Malaysia
Jalan Perindustrian Bukit Minyak, 14100 Simpang Ampat, Pulau Pinang, Malaysia
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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
CommercialRM6,500,000
RM149 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 43,475 and 43,524 sqft, with a median price of RM6.50 million and a median price per square foot (PSF) of RM149.
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 RM149, with most transactions between RM149 and RM149. The usual range is RM93.69 to RM205.19, 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.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.