Taman Residensi Panchor

14300 Nibong Tebal, Penang, Malaysia

Property Transactions

9 subsales grouped by size

Period
transactions middle 50% (P25–P75)
1,700 sqft
2-Sty Terrace
RM480,000
Lorong Residensi Panchor 6
1,711 sqft · RM280 PSF
RM480,000
Lorong Residensi Panchor 8
1,711 sqft · RM280 PSF
RM765,000
Jalan Residensi Panchor
1,711 sqft · RM447 PSF
RM500,000
Lorong Residensi Panchor 7
1,711 sqft · RM292 PSF
RM465,000
Lorong Residensi Panchor 6
1,711 sqft · RM272 PSF
RM440,000
Lorong Residensi Panchor 8
1,711 sqft · RM257 PSF
2,900 sqft
Semi-D
RM650,000
Lorong Residensi Panchor 2
2,885 sqft · RM225 PSF
RM680,000
Lorong Residensi Panchor 4
2,885 sqft · RM236 PSF
4,000 sqft
Bungalow
RM940,000
Lorong Residensi Panchor 4
4,004 sqft · RM235 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM500,000

RM314 psf

Median transaction price

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Taman Residensi Panchor, 14300 Nibong Tebal, Penang, Malaysia

Maps

Taman Residensi Panchor in Seberang Perai Selatan, Penang recorded 9 subsale transactions between 2021 and 2026, with a median price of RM500K and a median price per square foot (PSF) of RM272.

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 RM500K, with most transactions falling within a stable range of RM440K to RM560K, and a typical market range of RM440K to RM600K.

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

The median PSF stands at RM272, with core pricing between RM229 and RM315. Market pricing typically extends from RM217.70 to RM325.70, reflecting moderate variation in unit pricing. The spread of RM108.00 (IQR) and deviation of RM43 (MAD) suggest moderate price variations reflecting different property features.

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.