Penang
Seberang Perai Selatan
7
TAMAN PANCUR MUTIARA

TAMAN PANCUR MUTIARA

Area Intelligence

2024

Median Price

RM 510,000

PSF: RM 245

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Residential PSF Trends

Median Price

RM 510,000

PSF: RM 245

TAMAN PANCUR MUTIARA in Seberang Perai Selatan, Penang recorded 6 subsale transactions in 2024, with a median price of RM 510K and a median price per square foot (PSF) of RM 245.

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 510K, with most transactions falling within a stable range of RM 498K to RM 180K, and a typical market range of RM 459K to RM 180K.

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

For price per square foot, the median is RM 245, with most transactions between RM 240 and RM 250. The usual range is RM 173.75 to RM 315.25, showing that most units are priced quite close to each other. With an IQR of RM 141.50 and MAD of RM 5, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN PANCUR MUTIARA, Seberang Perai Selatan, Penang

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