Penang
Seberang Perai Selatan
7
TAMAN BKT PANCHOR

TAMAN BKT PANCHOR

Area Intelligence

2024

Median Price

RM 680,000

PSF: RM 453

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Residential PSF Trends

Median Price

RM 270,000

PSF: RM 246

Commercial PSF Trends

Median Price

RM 680,000

RM 453 PSF

TAMAN BKT PANCHOR in Seberang Perai Selatan, Penang recorded 5 subsale transactions in 2024, with a median price of RM 680K and a median price per square foot (PSF) of RM 453.

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. The median price is RM 680K, with most transactions falling within a stable range of RM 670K to RM 692K, and a typical market range of RM 670K to RM 700K.

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 453, with most transactions between RM 422 and RM 484. The usual range is RM 362.50 to RM 543.50, showing that most units are priced quite close to each other. With an IQR of RM 181.00 and MAD of RM 31, 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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