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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Selling in Industri Bukit Minyak(Perda)? Homes here sold for a median of RM6,487,000.
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Nearby areas in 14
Taman Kota Permai
Taman Impian Indah
Taman Impian Ria
Taman Perwira
Taman Perwira Indah
Taman Impian Alma
Taman Bukit Minyak Utama
Taman Santuari (Santuary Garden)
Taman Santuari (Santuary Terrace)
Taman Lembah Indah
Kondo Lembah Indah (Royale Infinity)
Taman Asas Jaya(Industrial Ringan)
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
CommercialRM2,700,000
RM258 psfMedian transaction price
Jalan Perindustrian Bukit Minyak, 14100 Simpang Ampat, Pulau Pinang, Malaysia
MapsIndustri Bukit Minyak(Perda) in Seberang Perai Tengah, Penang recorded 0 subsale transactions in 2022, with a median price of RM6.49 million and a median price per square foot (PSF) of RM240.
This area consists exclusively of commercial properties, with no residential listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM6.49 million, with most transactions falling within a stable range of RM2.70 million to RM10.27 million, and a typical market range of RM3.50 million to RM9.47 million.
Most transactions involved detached factory/warehouse, though some variety exists in the market.
Price per square foot shows a median of RM240, though individual units vary from RM192 to RM289 in the core range. The broader market spans RM184.25 to RM295.75, indicating diverse property characteristics. The spread of RM111.50 (IQR) and deviation of RM49 (MAD) suggest moderate price variations reflecting different property features.
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.