Penang
Seberang Perai Selatan
7
TAMAN PANCUR MUTIARA

TAMAN PANCUR MUTIARA

Area Intelligence

2024

Median Price

RM 167,500

PSF: RM 241

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Residential PSF Trends

Median Price

RM 167,500

PSF: RM 241

TAMAN PANCUR MUTIARA in Seberang Perai Selatan, Penang recorded 2 subsale transactions in 2024, with a median price of RM 168K and a median price per square foot (PSF) of RM 241.

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 168K, with most transactions falling within a stable range of RM 155K to RM 180K, and a typical market range of RM 155K 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 241, with most transactions between RM 236 and RM 246. The usual range is RM 170.25 to RM 311.75, 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.

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 PANCUR MUTIARA, Seberang Perai Selatan, Penang

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