TAMAN INDUSTRI BUKIT PANCHOR in Seberang Perai Selatan, Penang recorded 3 subsale transactions in 2024, with a median price of RM 1.08 million and a median price per square foot (PSF) of RM 283.
This area consists exclusively of commercial properties, with no residential listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 1.08 million, with most transactions falling within a stable range of RM 990K to RM 1.08 million, and a typical market range of RM 900K to RM 1.08 million.
Most transactions involved detached factory/warehouse, with moderate diversity in property types available.
The median PSF stands at RM 283, with core pricing between RM 255 and RM 312. Market pricing typically extends from RM 218.50 to RM 347.50, reflecting moderate variation in unit pricing. With an IQR of RM 129.00 and MAD of RM 29, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.
