Taman Bkt Panchor

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

Property Transactions

5 subsales grouped by size

Median
RM 680,000
PSF
RM 274
Price Size
700 sqft
Shop
RM 145,000
Level G
678 sqft · RM 214 PSF
2,450 sqft
2-Sty Shop
RM 670,000
Lorong Bukit Panchor 1
2,443 sqft · RM 274 PSF
RM 700,000
Lorong Bukit Panchor 2
2,443 sqft · RM 286 PSF
2,750 sqft
2-Sty Shop
RM 680,000
Lorong Bukit Panchor 3
2,756 sqft · RM 247 PSF
RM 1,150,000
Lorong Bukit Panchor 3
2,756 sqft · RM 417 PSF
Legend Recent Highest Price Highest PSF

Market Snapshot

Commercial

RM 680,000

RM 274 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 5 subsale transactions in 2024, with a median price of RM 680K and a median price per square foot (PSF) of RM 274.

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 362K to RM 998K, and a typical market range of RM 480K to RM 880K.

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

Price per square foot shows a median of RM 274, though individual units vary from RM 205 to RM 344 in the core range. The broader market spans RM 183.71 to RM 364.71, indicating diverse property characteristics. A wider spread (IQR: RM 181.00) and deviation (MAD: RM 69) indicate significant PSF variations, likely due to diverse property types or conditions.

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.