Penang
Seberang Perai Selatan
7
TAMAN BUKIT PANCHOR INDAH

TAMAN BUKIT PANCHOR INDAH

Area Intelligence

2022

Median Price

RM 250,000

PSF: RM 149

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Residential PSF Trends

Median Price

RM 250,000

PSF: RM 149

TAMAN BUKIT PANCHOR INDAH in Seberang Perai Selatan, Penang recorded 17 subsale transactions in 2022, with a median price of RM 250K and a median price per square foot (PSF) of RM 149.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 250K, with most transactions falling within a stable range of RM 580K to RM 300K, and a typical market range of RM 580K to RM 405K.

Most transactions involved low-cost flat, with high diversity across multiple property types.

The median PSF stands at RM 149, with core pricing between RM 127 and RM 172. Market pricing typically extends from RM 92.75 to RM 205.25, reflecting moderate variation in unit pricing. The spread of RM 112.50 (IQR) and deviation of RM 23 (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. 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 BUKIT PANCHOR INDAH, Seberang Perai Selatan, Penang

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