TAMAN BUKIT PANCHOR

TAMAN BUKIT PANCHOR in Seberang Perai Selatan, Penang recorded 7 subsale transactions in 2022, with a median price of RM 350K and a median price per square foot (PSF) of RM 272.

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 350K, with most transactions falling within a stable range of RM 186K to RM 514K, and a typical market range of RM 180K to RM 520K.

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 272, though individual units vary from RM 186 to RM 358 in the core range. The broader market spans RM 183.75 to RM 360.25, indicating diverse property characteristics. A wider spread (IQR: RM 176.50) and deviation (MAD: RM 86) 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.