Area Intelligence

TAMAN BUKIT PANCHOR

13 properties
Low-Cost Flat
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Median Price
RM 60,000
PSF: RM 114

Residential Market

Median Price

RM 60,000

IQR: RM 177
MAD: RM 64
RM 114 PSF 2.9%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TAMAN BUKIT PANCHOR in Seberang Perai Selatan, Penang recorded 13 Low-Cost Flat properties subsale transactions between 2021 and 2025 for low-cost flat properties, with a median price of RM 60K and a median price per square foot (PSF) of RM 114.

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 60K, with most transactions falling within a stable range of RM 45K to RM 75K, and a typical market range of RM 18K to RM 75K.

Within the Low-Cost Flat category, 2 - 2 1/2 storey terraced dominated the market, with moderate diversity in property types available.

Price per square foot shows a median of RM 114, though individual units vary from RM 85 to RM 143 in the core range. The broader market spans RM 25.75 to RM 202.25, indicating diverse property characteristics. A wider spread (IQR: RM 176.50) and deviation (MAD: RM 29) 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.

Area Location

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TAMAN BUKIT PANCHOR, Seberang Perai Selatan, Penang

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Transactions

13 properties grouped by size

500 sqft
1 units Low-Cost Flat
RM 63,000
517 sqft · RM 122.00 PSF
Sep 2024
550 sqft
12 units (showing 6) Low-Cost Flat
RM 66,000
527 sqft · RM 125.00 PSF
Feb 2025
RM 50,000
527 sqft · RM 95.00 PSF
Jan 2025
RM 45,000
527 sqft · RM 85.00 PSF
Oct 2024
RM 55,000
527 sqft · RM 104.00 PSF
Aug 2024
RM 45,000
527 sqft · RM 85.00 PSF
Jul 2024
RM 70,000
527 sqft · RM 133.00 PSF
Apr 2024