TAMAN BKT PANCHOR

Area Intelligence
2024
Median Price
RM 690,000
PSF: RM 466

Residential PSF Trends

Median Price

RM 270,000

PSF: RM 246

Commercial PSF Trends

Median Price

RM 690,000

RM 466 PSF

TAMAN BKT PANCHOR in Seberang Perai Selatan, Penang recorded 4 subsale transactions in 2024, with a median price of RM 690K and a median price per square foot (PSF) of RM 466.

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 690K, with most transactions falling within a stable range of RM 670K to RM 892K, and a typical market range of RM 670K to RM 890K.

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 466, with most transactions between RM 439 and RM 493. The usual range is RM 375.50 to RM 556.50, showing that most units are priced quite close to each other. With an IQR of RM 181.00 and MAD of RM 27, 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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Transactions

4 transactions grouped by size

1,400 sqft
Double Storey Shop
RM 670,000
LORONG BUKIT PANCHOR 1
1,399 sqft · RM 479 PSF
RM 700,000
LORONG BUKIT PANCHOR 2
1,399 sqft · RM 500 PSF
1,600 sqft
Double Storey Shop
RM 680,000
LORONG BUKIT PANCHOR 3
1,593 sqft · RM 427 PSF
2,550 sqft
Double Storey Shop
RM 1,150,000
LORONG BUKIT PANCHOR 3
2,540 sqft · RM 453 PSF

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There are currently no properties listed for sale in this area.

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