Penang
Seberang Perai Selatan
7
TAMAN BKT PANCHOR

TAMAN BKT PANCHOR

Area Intelligence

2023

Median Price

RM 550,000

PSF: RM 367

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Residential PSF Trends

Median Price

RM 270,000

PSF: RM 246

Commercial PSF Trends

Median Price

RM 550,000

RM 367 PSF

TAMAN 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.

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TAMAN BKT PANCHOR, Seberang Perai Selatan, Penang

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Transactions

2 transactions found

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

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Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

Custom Range

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RM 500,000

LORONG BUKIT PANCHOR 2

1,399 sqft • RM 357.00 PSF

Nov 2023

RM 600,000

LORONG BKT PANCHOR 3

1,593 sqft • RM 377.00 PSF

Sep 2023

Road	Price	Land PSF	Land	Date	Type
LORONG BUKIT PANCHOR 2	RM 500,000	RM 357.00	1,399 sqft	Nov 2023	Double Storey Shop
LORONG BKT PANCHOR 3	RM 600,000	RM 377.00	1,593 sqft	Sep 2023	Double Storey Shop