TAMAN RESIDENSI PANCHOR

TAMAN RESIDENSI PANCHOR in Seberang Perai Selatan, Penang recorded 2 subsale transactions in 2023, with a median price of RM 580K and a median price per square foot (PSF) of RM 290.

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 580K, with most transactions falling within a stable range of RM 520K to RM 640K, and a typical market range of RM 480K to RM 680K.

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

The median PSF stands at RM 290, with core pricing between RM 247 and RM 333. Market pricing typically extends from RM 235.50 to RM 343.50, reflecting moderate variation in unit pricing. With an IQR of RM 108.00 and MAD of RM 43, 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.