Penang
Seberang Perai Selatan
7
TAMAN BKT PANCHOR

TAMAN BKT PANCHOR

Area Intelligence

2023

Median Price

RM 550,000

PSF: RM 367

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Residential PSF Trends

Median Price

RM 270,000

PSF: RM 246

Commercial PSF Trends

Median Price

RM 550,000

RM 367 PSF

TAMAN BKT PANCHOR in Seberang Perai Selatan, Penang recorded 2 subsale transactions in 2023, with a median price of RM 550K and a median price per square foot (PSF) of RM 367.

This area contains both residential and commercial properties. View 11 residential properties or 10 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat.

Most transactions involved 2 - 2 1/2 storey shop, with high diversity across multiple property types.

For price per square foot, the median is RM 367, with most transactions between RM 367 and RM 367. The usual range is RM 276.50 to RM 457.50, showing that most units are priced quite close to each other. With an IQR of RM 181.00 and MAD of RM 0, 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN BKT PANCHOR, Seberang Perai Selatan, Penang

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