Penang
Seberang Perai Selatan
7
TAMAN INDUSTRI BUKIT PANCHOR

TAMAN INDUSTRI BUKIT PANCHOR

Area Intelligence

2023

Median Price

RM 890,000

PSF: RM 285

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Commercial PSF Trends

Median Price

RM 890,000

RM 285 PSF

TAMAN INDUSTRI BUKIT PANCHOR in Seberang Perai Selatan, Penang recorded 2 subsale transactions in 2023, with a median price of RM 890K and a median price per square foot (PSF) of RM 285.

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 890K, with most transactions falling within a stable range of RM 800K to RM 980K, and a typical market range of RM 800K to RM 980K.

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

The median PSF stands at RM 285, with core pricing between RM 252 and RM 318. Market pricing typically extends from RM 220.50 to RM 349.50, reflecting moderate variation in unit pricing. With an IQR of RM 129.00 and MAD of RM 33, 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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