Taman Industri Bukit Panchor
14300 Nibong Tebal, Pulau Pinang, Malaysia
14300 Nibong Tebal, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Lorong Industri 11
|
RM 900,000
|
RM 339
|
2,659 sqft
|
|
|
|
Lorong Industri 9
|
RM 1,080,000
|
RM 406
|
2,659 sqft
|
|
|
Lorong Industri
|
RM 6,935,000
|
RM 149
|
46,575 sqft
|
|
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Market Snapshot
CommercialRM 1,080,000
RM 339 psfMedian transaction price
Taman Industri Bukit Panchor, 14300 Nibong Tebal, Pulau Pinang, Malaysia
MapsTaman Industri Bukit Panchor in Seberang Perai Selatan, Penang recorded 3 subsale transactions in 2024, with a median price of RM 1.08 million and a median price per square foot (PSF) of RM 339.
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 1.08 million, with most transactions falling within a stable range of RM 900K to RM 3.88 million, and a typical market range of RM 900K to RM 4.09 million.
Most transactions involved terraced factory/warehouse, with moderate diversity in property types available.
Price per square foot shows a median of RM 339, though individual units vary from RM 230 to RM 447 in the core range. The broader market spans RM 278.64 to RM 398.39, indicating diverse property characteristics. A wider spread (IQR: RM 119.75) and deviation (MAD: RM 109) indicate significant PSF variations, likely due to diverse property types or conditions.
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.