Taman Bukit Minyak Utama
Seberang Perai Tengah, Penang · Terraced house · Freehold
Homes in Taman Bukit Minyak Utama have sold for a median of
RM675,000
RM348 psf on the recorded floor area
Half of the 40 recorded sales fell between RM647,000 and RM780,000. One in ten went under RM599,000, one in ten over RM850,800. Sales run from 26 July 2021 to 17 July 2025.
Up 8% from a RM660,000 median in 2021 to RM714,400 in 2023.
These are transacted prices from the land-office record, not asking prices from ads. An ad’s number is a wish; this is the record. What terraced house sell for across Penang, beside what ads ask.
How to read this page
The median is the middle sale when every recorded sale here is lined up cheapest to dearest — half sold for less, half for more. The band (p25–p75) is the middle half of those sales. Neither figure is an asking price from an ad, and neither is a valuation of a specific unit. Asking vs transacted.
What kind of home, and what title
The land office groups these sales as terraced house under a Freehold title. Landed homes here are usually compared by whole-house price rather than psf alone; title type still matters when you sell or borrow — strata vs individual title.
Year by year
| Year | Median sold | Per sq ft | Sales |
|---|---|---|---|
| 2021 | RM660,000 | RM362 psf | 7 |
| 2022 | RM638,000 | RM324 psf | 13 |
| 2023 | RM714,400 | RM352 psf | 16 |
| 2024 | RM680,000 | RM357 psf | 1 |
| 2025 | RM680,000 | RM357 psf | 3 |
A year with only a handful of sales is a handful of sales, not a trend — the movement above is drawn only between years with five or more.
Nearby, and where this one sits
Other terraced house schemes in Seberang Perai Tengah with enough recorded sales, cheapest first. By median sold price, Taman Bukit Minyak Utama sits 43 of 49 in that set.
36 cheaper schemes above
Against Penang
Across Penang, the median recorded sale for terraced house is RM409,600 (RM373 psf), from 3,162 sales. Taman Bukit Minyak Utama’s own median is RM675,000 — higher than that state median. Full Penang table.
Cash and monthly on the RM675,000 median
Same worksheet as /cost/, using this scheme’s recorded median, 90% LTV, and the illustrative rate. Not a bank quote.
Cash at offer
- Down payment (10%): RM67,500
- Transfer duty (MOT): RM14,250
- Loan duty (0.5%): RM3,038
- Total cash: RM84,788
Monthly carry
- Instalment (35y @ 4.00%): RM2,690
- Total monthly: RM2,690
4.00% p.a. illustrative (rough SBR + bank margin); not a bank quote
Questions this record answers
- What have homes in Taman Bukit Minyak Utama sold for?
- A median of RM675,000 (RM348 psf), from 40 land-office transactions between 26 July 2021 and 17 July 2025.
- What is a typical band here?
- Half of recorded sales fell between RM647,000 and RM780,000. One in ten went under RM599,000; one in ten over RM850,800.
- Has the median moved?
- From RM660,000 in 2021 to RM714,400 in 2023 (+8%), using only years with five or more sales.
Read next
From NAPIC’s open transaction data (Jabatan Penilaian dan Perkhidmatan Harta), extract published 19 May 2026. A scheme appears only with at least 20recorded sales. Scheme names are the land office’s own. How we work this out.