Industri Bukit Minyak(Perda)

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

Property Transactions

6 subsales grouped by size

Median
RM8,498,500
PSF
RM194
Price Size
Period
transactions middle 50% (P25–P75)
23,150 sqft
Factory
RM6,474,000
Jalan Iks Bukit Minyak
23,153 sqft · RM280 PSF
35,350 sqft
Factory
RM10,497,000
Jalan Iks Bukit Minyak
35,338 sqft · RM297 PSF
37,600 sqft
Factory
RM6,000,000
Jalan Iks Bukit Minyak
37,598 sqft · RM160 PSF
43,500 sqft
Factory
RM6,500,000
Jalan Iks Bukit Minyak
43,497 sqft · RM149 PSF
57,650 sqft
Factory
RM13,200,000
Jalan Iks Bukit Minyak
57,630 sqft · RM229 PSF
265,450 sqft
Factory
RM33,800,000
Jalan Iks Bukit Minyak
265,455 sqft · RM127 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Commercial

RM8,498,500

RM194 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 6 Detached Factory properties subsale transactions between 2021 and 2026, with a median price of RM8.50 million and a median price per square foot (PSF) of RM194.

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 RM8.50 million, with most transactions falling within a stable range of RM6.00 million to RM18.27 million, and a typical market range of RM6.00 million to RM11.48 million.

Within the Detached Factory category, detached factory/warehouse dominated the market, though some variety exists in the market.

Price per square foot shows a median of RM194, though individual units vary from RM129 to RM260 in the core range. The broader market spans RM138.56 to RM250.06, 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.