Area Intelligence

TMN BUKIT PANCHOR INDAH

6 properties
2022
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Median Price
RM 167,500
PSF: RM 165

Residential Market

Median Price

RM 167,500

IQR: RM 90
MAD: RM 51
RM 165 PSF 144.3%

PSF Trends (2021-2025)

TMN BUKIT PANCHOR INDAH in Seberang Perai Selatan, Penang recorded 6 subsale transactions in 2022, with a median price of RM 168K and a median price per square foot (PSF) of RM 165.

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 168K, with most transactions falling within a stable range of RM 45K to RM 399K, and a typical market range of RM 45K to RM 311K.

Most transactions involved low-cost flat, with high diversity across multiple property types.

Price per square foot shows a median of RM 165, though individual units vary from RM 114 to RM 215 in the core range. The broader market spans RM 112.50 to RM 216.50, indicating diverse property characteristics. A wider spread (IQR: RM 104.00) and deviation (MAD: RM 50) 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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TMN BUKIT PANCHOR INDAH, Seberang Perai Selatan, Penang

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Transactions

6 properties grouped by size

550 sqft
3 units Low-Cost Flat
RM 53,000
570 sqft · RM 93.00 PSF
Jun 2022
RM 85,000
570 sqft · RM 149.00 PSF
Jun 2022
RM 45,000
570 sqft · RM 79.00 PSF
Mar 2022
1,200 sqft
1 units Single Storey Terraced
RM 250,000
LORONG PANCHOR INDAH 3
1,195 sqft · RM 209.00 PSF
Apr 2022
2,100 sqft
1 units Single Storey Semi-D
RM 420,000
LORONG PANCHOR INDAH 4
2,099 sqft · RM 200.00 PSF
Apr 2022
3,800 sqft
1 units Double Storey Semi-D
RM 680,000
LORONG PANCHOR INDAH 6
3,778 sqft · RM 180.00 PSF
Feb 2022