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
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Market Snapshot
CommercialRM2,600,000
RM265 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 9,775 and 9,824 sqft, with a median price of RM2.60 million and a median price per square foot (PSF) of RM265.
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 RM265, with most transactions between RM265 and RM265. The usual range is RM209.11 to RM320.61, 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.