TAMAN RESIDENSI PANCHOR in Seberang Perai Selatan, Penang recorded 4 subsale transactions in 2021, with a median price of RM 483K and a median price per square foot (PSF) of RM 323.
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 483K, with most transactions falling within a stable range of RM 458K to RM 500K, and a typical market range of RM 440K to RM 500K.
Most transactions involved 2 - 2 1/2 storey terraced, with moderate diversity in property types available.
For price per square foot, the median is RM 323, with most transactions between RM 305 and RM 341. The usual range is RM 269.00 to RM 377.00, showing that most units are priced quite close to each other. With an IQR of RM 108.00 and MAD of RM 18, the PSF demonstrates reasonable consistency across the market.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.