Taman Industri Cheruk Tok Kun

Taman Perindustrian Bukit Minyak, Kawasan Perindustrian Bukit Minyak, 14100 Simpang Ampat, Penang, Malaysia

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Selling in Taman Industri Cheruk Tok Kun? Homes here sold for a median of RM309,500.

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Market Snapshot

Residential

RM288,000

RM280 psf

Median transaction price

Taman Industri Cheruk Tok Kun
© OpenStreetMap · CARTO

Taman Perindustrian Bukit Minyak, Kawasan Perindustrian Bukit Minyak, 14100 Simpang Ampat, Penang, Malaysia

Maps

Taman Industri Cheruk Tok Kun in Seberang Perai Tengah, Penang recorded 0 subsale transactions in 2021, with a median price of RM310K and a median price per square foot (PSF) of RM294.

This area contains both residential and commercial properties. View 13 residential properties or 3 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM310K, with most transactions falling within a stable range of RM270K to RM350K, and a typical market range of RM261K to RM359K.

Most transactions involved low-cost house, though some variety exists in the market.

The median PSF stands at RM294, with core pricing between RM256 and RM331. Market pricing typically extends from RM253.75 to RM333.25, reflecting moderate variation in unit pricing. With an IQR of RM79.50 and MAD of RM38, 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.