Penang
Seberang Perai Selatan
7
TAMAN RESIDENSI PANCHOR

TAMAN RESIDENSI PANCHOR

Area Intelligence

2024

Median Price

RM 565,000

PSF: RM 284

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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 480K to RM 650K, and a typical market range of RM 480K to RM 650K.

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

Price per square foot shows a median of RM 284, though individual units vary from RM 225 to RM 343 in the core range. The broader market spans RM 230.00 to RM 338.00, indicating diverse property characteristics. The spread of RM 108.00 (IQR) and deviation of RM 59 (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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