Penang
Seberang Perai Selatan
7
TAMAN BKT PANCHOR

TAMAN BKT PANCHOR

Area Intelligence

2022

Median Price

RM 330,000

PSF: RM 281

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Residential PSF Trends

Median Price

RM 270,000

PSF: RM 246

Commercial PSF Trends

Median Price

RM 750,000

RM 611 PSF

TAMAN BKT PANCHOR in Seberang Perai Selatan, Penang recorded 14 subsale transactions in 2022, with a median price of RM 330K and a median price per square foot (PSF) of RM 281.

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 330K, with most transactions falling within a stable range of RM 750K to RM 354K, and a typical market range of RM 750K to RM 530K.

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 281, with most transactions between RM 262 and RM 301. The usual range is RM 190.50 to RM 371.50, showing that most units are priced quite close to each other. With an IQR of RM 181.00 and MAD of RM 20, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN BKT PANCHOR, Seberang Perai Selatan, Penang

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