TAMAN BKT PANCHOR in Seberang Perai Selatan, Penang recorded 5 subsale transactions in 2024, with a median price of RM 680K and a median price per square foot (PSF) of RM 453.
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 680K, with most transactions falling within a stable range of RM 465K to RM 895K, and a typical market range of RM 480K to RM 880K.
Most transactions involved 2 - 2 1/2 storey shop, with high diversity across multiple property types.
The median PSF stands at RM 453, with core pricing between RM 371 and RM 535. Market pricing typically extends from RM 362.50 to RM 543.50, reflecting moderate variation in unit pricing. The spread of RM 181.00 (IQR) and deviation of RM 82 (MAD) suggest moderate price variations reflecting different property features.
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.
