TAMAN BUKIT PANCHOR

TAMAN BUKIT PANCHOR in Seberang Perai Selatan, Penang recorded 16 subsale transactions in 2023, with a median price of RM 360K and a median price per square foot (PSF) of RM 267.

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 360K, with most transactions falling within a stable range of RM 212K to RM 480K, and a typical market range of RM 190K to RM 480K.

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 267, though individual units vary from RM 179 to RM 354 in the core range. The broader market spans RM 178.25 to RM 354.75, indicating diverse property characteristics. A wider spread (IQR: RM 176.50) and deviation (MAD: RM 88) 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.