TAMAN RESIDENSI PANCHOR

Area Intelligence
2024
Median Price
RM 565,000
PSF: RM 284

Residential PSF Trends

Median Price

RM 565,000

PSF: RM 284

TAMAN RESIDENSI PANCHOR in Seberang Perai Selatan, Penang recorded 2 subsale transactions in 2024, with a median price of RM 565K and a median price per square foot (PSF) of RM 284.

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 565K, with most transactions falling within a stable range of RM 505K to RM 625K, and a typical market range of RM 465K to RM 665K.

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

The median PSF stands at RM 284, with core pricing between RM 241 and RM 327. Market pricing typically extends from RM 230.00 to RM 338.00, reflecting moderate variation in unit pricing. The spread of RM 108.00 (IQR) and deviation of RM 43 (MAD) suggest moderate price variations reflecting different property features.

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 RESIDENSI PANCHOR, Seberang Perai Selatan, Penang

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