TAMAN BUKIT PANCHOR in Seberang Perai Selatan, Penang recorded 7 subsale transactions in 2022, with a median price of RM 350K and a median price per square foot (PSF) of RM 272.
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 350K, with most transactions falling within a stable range of RM 350K to RM 60K, and a typical market range of RM 174K to RM 60K.
Most transactions involved 2 - 2 1/2 storey terraced, with moderate diversity in property types available.
For price per square foot, the median is RM 272, with most transactions between RM 271 and RM 273. The usual range is RM 184.25 to RM 359.75, showing that most units are priced quite close to each other. With an IQR of RM 175.50 and MAD of RM 1, 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.
