Penang
Seberang Perai Selatan
7
TAMAN SERI PANCUR

TAMAN SERI PANCUR

Area Intelligence

2023

Median Price

RM 565,000

PSF: RM 249

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Residential PSF Trends

Median Price

RM 565,000

PSF: RM 249

TAMAN SERI PANCUR in Seberang Perai Selatan, Penang recorded 2 subsale transactions in 2023, with a median price of RM 565K and a median price per square foot (PSF) of RM 249.

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 550K to RM 580K, and a typical market range of RM 550K to RM 580K.

Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.

For price per square foot, the median is RM 249, with most transactions between RM 239 and RM 258. The usual range is RM 208.50 to RM 288.50, showing that most units are priced quite close to each other. With an IQR of RM 80.00 and MAD of RM 10, 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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN SERI PANCUR, Seberang Perai Selatan, Penang

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