Industri Bukit Minyak(Perda)

Jalan Perindustrian Bukit Minyak, 14100 Simpang Ampat, Pulau Pinang, Malaysia

Property Transactions

3 subsales found

Median
RM6,474,000
PSF
RM160
Price Size
Period
transactions middle 50% (P25–P75)
RM6,474,000
Jalan Iks Bukit Minyak
23,153 sqft RM280 PSF
RM6,000,000
Jalan Iks Bukit Minyak
37,598 sqft RM160 PSF
RM33,800,000
Jalan Iks Bukit Minyak
265,455 sqft RM127 PSF
Legend Recent Highest Price Highest PSF

Selling in Industri Bukit Minyak(Perda)? Homes here sold for a median of RM6,474,000.

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Market Snapshot

Commercial

RM6,474,000

RM160 psf

Median transaction price

Industri Bukit Minyak(Perda)
© OpenStreetMap · CARTO

Jalan Perindustrian Bukit Minyak, 14100 Simpang Ampat, Pulau Pinang, Malaysia

Maps

Industri Bukit Minyak(Perda) in Seberang Perai Tengah, Penang recorded 3 subsale transactions in 2023, with a median price of RM6.47 million and a median price per square foot (PSF) of RM160.

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 RM6.47 million, with most transactions falling within a stable range of RM6.00 million to RM19.47 million, and a typical market range of RM6.00 million to RM9.46 million.

Most transactions involved detached factory/warehouse, though some variety exists in the market.

Price per square foot shows a median of RM160, though individual units vary from RM94 to RM225 in the core range. The broader market spans RM103.83 to RM215.33, indicating diverse property characteristics. A wider spread (IQR: RM111.50) and deviation (MAD: RM66) indicate significant PSF variations, likely due to diverse property types or conditions.

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.