Taman Bkt Panchor

7, Lorong Bukit Panchor, Taman Belatuk, 14300 Nibong Tebal, Pulau Pinang, Malaysia

Property Transactions

2 subsales grouped by size

Median
RM 550,000
PSF
RM 211
Price Size
Period
transactions middle 50% (P25–P75)
2,450 sqft
2-Sty Shop
RM 500,000
Lorong Bukit Panchor 2
2,443 sqft · RM 205 PSF
2,750 sqft
2-Sty Shop
RM 600,000
Lorong Bkt Panchor 3
2,756 sqft · RM 218 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Commercial

RM 550,000

RM 211 psf

Median transaction price

Taman Bkt Panchor
© OpenStreetMap · CARTO

7, Lorong Bukit Panchor, Taman Belatuk, 14300 Nibong Tebal, Pulau Pinang, Malaysia

Maps

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 211.

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 terraced, with high diversity across multiple property types.

For price per square foot, the median is RM 211, with most transactions between RM 205 and RM 218. The usual range is RM 120.69 to RM 301.69, showing that most units are priced quite close to each other. With an IQR of RM 181.00 and MAD of RM 7, 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.