TAMAN INDUSTRI BUKIT PANCHOR

Area Intelligence
2022
Median Price
RM 760,000
PSF: RM 236

Commercial PSF Trends

Median Price

RM 760,000

RM 236 PSF

TAMAN INDUSTRI BUKIT PANCHOR in Seberang Perai Selatan, Penang recorded 3 subsale transactions in 2022, with a median price of RM 760K and a median price per square foot (PSF) of RM 236.

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

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 760K, with most transactions falling within a stable range of RM 750K to RM 791K, and a typical market range of RM 750K to RM 820K.

Most transactions involved detached factory/warehouse, with moderate diversity in property types available.

For price per square foot, the median is RM 236, with most transactions between RM 221 and RM 251. The usual range is RM 171.50 to RM 300.50, showing that most units are priced quite close to each other. With an IQR of RM 129.00 and MAD of RM 15, 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.

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TAMAN INDUSTRI BUKIT PANCHOR, Seberang Perai Selatan, Penang

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Transactions

3 transactions grouped by size

3,200 sqft
Terraced Factory
RM 820,000
LORONG INDUSTRI 11
3,175 sqft · RM 258 PSF
RM 750,000
LORONG INDUSTRI 11
3,175 sqft · RM 236 PSF
3,450 sqft
Terraced Factory
RM 760,000
LORONG INDUSTRI 7
3,444 sqft · RM 221 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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