Area Intelligence

TAMAN PANCHOR DAMAI

3 properties
2024
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Median Price
RM 775,000
PSF: RM 305

Residential Market

Median Price

RM 775,000

IQR: RM 8
RM 305 PSF

PSF Trends (2021-2025)

TAMAN PANCHOR DAMAI in Seberang Perai Selatan, Penang recorded 3 subsale transactions in 2024, with a median price of RM 775K and a median price per square foot (PSF) of RM 305.

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 775K, with most transactions falling within a stable range of RM 775K to RM 794K, and a typical market range of RM 775K to RM 785K.

Most transactions involved 2 - 2 1/2 storey semi-detached, with minimal variety in property types.

For price per square foot, the median is RM 305, with most transactions between RM 297 and RM 313. The usual range is RM 301.00 to RM 309.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 8.00 and an average deviation (MAD) of RM 8 indicate a highly stable PSF trend across properties.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TAMAN PANCHOR DAMAI, Seberang Perai Selatan, Penang

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Transactions

3 properties grouped by size

2,550 sqft
3 units Double Storey Semi-D
RM 815,000
JALAN NIBONG TEBAL
2,540 sqft · RM 321.00 PSF
Oct 2024
RM 775,000
JALAN NIBONG TEBAL
2,540 sqft · RM 305.00 PSF
Aug 2024
RM 775,000
JALAN NIBONG TEBAL
2,540 sqft · RM 305.00 PSF
Apr 2024