TMN BKT PANCHOR

TMN BKT PANCHOR in Seberang Perai Selatan, Penang recorded 2 subsale transactions in 2023, with a median price of RM 550K and a median price per square foot (PSF) of RM 367.

This area contains both residential and commercial properties. View 11 residential properties or 10 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 550K, with most transactions falling within a stable range of RM 500K to RM 600K, and a typical market range of RM 500K to RM 600K.

Most transactions involved 2 - 2 1/2 storey shop, with high diversity across multiple property types.

For price per square foot, the median is RM 367, with most transactions between RM 357 and RM 377. The usual range is RM 276.50 to RM 457.50, showing that most units are priced quite close to each other. With an IQR of RM 181.00 and MAD of RM 10, 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.