Area Intelligence

TMN BKT PANCHOR

5 properties
2024
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Median Price
RM 680,000
PSF: RM 453

Residential Market

Median Price

RM 270,000

IQR: RM 66
MAD: RM 42
RM 246 PSF

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 680,000

IQR: RM 110
MAD: RM 62
RM 453 PSF 13.9%

PSF Trends (2021-2025)

TMN BKT PANCHOR in Seberang Perai Selatan, Penang recorded 5 subsale transactions in 2024, with a median price of RM 680K and a median price per square foot (PSF) of RM 453.

This area contains both residential and commercial properties. View 11 residential properties or 10 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 680K, with most transactions falling within a stable range of RM 362K to RM 998K, and a typical market range of RM 480K to RM 880K.

Most transactions involved 2 - 2 1/2 storey shop, with high diversity across multiple property types.

Price per square foot shows a median of RM 453, though individual units vary from RM 350 to RM 556 in the core range. The broader market spans RM 362.50 to RM 543.50, indicating diverse property characteristics. The spread of RM 181.00 (IQR) and deviation of RM 103 (MAD) suggest moderate price variations reflecting different property features.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TMN BKT PANCHOR, Seberang Perai Selatan, Penang

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Transactions

5 properties grouped by size

700 sqft
1 units Shop/Retail Lot
RM 145,000
678 sqft · RM 214.00 PSF
Dec 2024
1,400 sqft
2 units Double Storey Shop
RM 670,000
LORONG BUKIT PANCHOR 1
1,399 sqft · RM 479.00 PSF
Aug 2024
RM 700,000
LORONG BUKIT PANCHOR 2
1,399 sqft · RM 500.00 PSF
Jul 2024
1,600 sqft
1 units Double Storey Shop
RM 680,000
LORONG BUKIT PANCHOR 3
1,593 sqft · RM 427.00 PSF
Sep 2024
2,550 sqft
1 units Double Storey Shop
RM 1,150,000
LRG BUKIT PANCHOR 3
2,540 sqft · RM 453.00 PSF
Sep 2024