Penang
Seberang Perai Selatan
7
TAMAN BUKIT PANCHOR

TAMAN BUKIT PANCHOR

Area Intelligence

2023

Median Price

RM 75,000

PSF: RM 142

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Residential PSF Trends

Median Price

RM 75,000

PSF: RM 142

TAMAN BUKIT PANCHOR in Seberang Perai Selatan, Penang recorded 5 subsale transactions in 2023, with a median price of RM 75K and a median price per square foot (PSF) of RM 142.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 75K, with most transactions falling within a stable range of RM 29K to RM 121K, and a typical market range of RM 18K to RM 140K.

Most transactions involved 2 - 2 1/2 storey terraced, with moderate diversity in property types available.

Price per square foot shows a median of RM 142, though individual units vary from RM 64 to RM 220 in the core range. The broader market spans RM 54.25 to RM 229.75, indicating diverse property characteristics. A wider spread (IQR: RM 175.50) and deviation (MAD: RM 78) indicate significant PSF variations, likely due to diverse property types or conditions.

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.

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TAMAN BUKIT PANCHOR, Seberang Perai Selatan, Penang

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Transactions

5 transactions grouped by size

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

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Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

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Road	Price	Land PSF	Land	Date	Type

550 sqft

RM 69,000

Level 3

527 sqft · RM 131 PSF

Dec 2023

RM 75,000

Level 4

527 sqft · RM 142 PSF

Dec 2023

RM 18,000

Level 4

527 sqft · RM 34 PSF

Oct 2023

RM 137,000

LORONG BUKIT PANCHOR 4

527 sqft · RM 260 PSF

Jul 2023

-	RM 69,000	RM 131	527 sqft	Dec 2023	Low-Cost Flat
-	RM 75,000	RM 142	527 sqft	Dec 2023	Low-Cost Flat
-	RM 18,000	RM 34	527 sqft	Oct 2023	Low-Cost Flat
LORONG BUKIT PANCHOR 4	RM 137,000	RM 260	527 sqft	Jul 2023	Low-Cost House