Taman Industri Bukit Panchor
14300 Nibong Tebal, Pulau Pinang, Malaysia
14300 Nibong Tebal, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Lorong Industri 7
|
RM 760,000
|
RM 286
|
2,659 sqft
|
|
|
Lorong Industri 11
|
RM 820,000
|
RM 253
|
3,240 sqft
|
|
|
|
Lorong Industri 11
|
RM 750,000
|
RM 231
|
3,240 sqft
|
|
|
Jalan Industri 2
|
RM 16,000,000
|
RM 209
|
76,467 sqft
|
|
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Market Snapshot
CommercialRM 790,000
RM 242 psfMedian transaction price
Taman Industri Bukit Panchor, 14300 Nibong Tebal, Pulau Pinang, Malaysia
MapsTaman Industri Bukit Panchor in Seberang Perai Selatan, Penang recorded 4 subsale transactions in 2022, with a median price of RM 790K and a median price per square foot (PSF) of RM 242.
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 790K, with most transactions falling within a stable range of RM 750K to RM 7.38 million, and a typical market range of RM 750K to RM 3.80 million.
Most transactions involved terraced factory/warehouse, with moderate diversity in property types available.
The median PSF stands at RM 242, with core pricing between RM 214 and RM 271. Market pricing typically extends from RM 182.42 to RM 302.16, reflecting moderate variation in unit pricing. With an IQR of RM 119.75 and MAD of RM 28, 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.