Penang
Seberang Perai Selatan
7
TAMAN PANCUR MUTIARA

TAMAN PANCUR MUTIARA

Area Intelligence

2021

Median Price

RM 490,000

PSF: RM 230

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Residential PSF Trends

Median Price

RM 490,000

PSF: RM 230

TAMAN PANCUR MUTIARA in Seberang Perai Selatan, Penang recorded 1 subsale transactions in 2021, with a median price of RM 490K and a median price per square foot (PSF) of RM 230.

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 490K, with most transactions falling within a stable range of RM 420K to RM 561K, and a typical market range of RM 439K to RM 541K.

Most transactions involved 2 - 2 1/2 storey terraced, with moderate diversity in property types available.

Price per square foot shows a median of RM 230, though individual units vary from RM 171 to RM 290 in the core range. The broader market spans RM 159.25 to RM 300.75, indicating diverse property characteristics. A wider spread (IQR: RM 141.50) and deviation (MAD: RM 60) 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN PANCUR MUTIARA, Seberang Perai Selatan, Penang

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