Area Intelligence

TMN INDUSTRI BUKIT PANCHOR

3 properties
2024
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Median Price
RM 1,080,000
PSF: RM 283

Commercial Market

Median Price

RM 1,080,000

IQR: RM 62
MAD: RM 31
RM 283 PSF 14.9%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TMN INDUSTRI BUKIT PANCHOR in Seberang Perai Selatan, Penang recorded 3 subsale transactions in 2024, with a median price of RM 1.08 million and a median price per square foot (PSF) of RM 283.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 1.08 million, with most transactions falling within a stable range of RM 900K to RM 3.88 million, and a typical market range of RM 900K to RM 4.15 million.

Most transactions involved detached factory/warehouse, with moderate diversity in property types available.

Price per square foot shows a median of RM 283, though individual units vary from RM 203 to RM 363 in the core range. The broader market spans RM 218.50 to RM 347.50, indicating diverse property characteristics. A wider spread (IQR: RM 129.00) and deviation (MAD: RM 80) 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 INDUSTRI BUKIT PANCHOR, Seberang Perai Selatan, Penang

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Transactions

3 properties grouped by size

3,200 sqft
2 units Terraced Factory
RM 900,000
LORONG INDUSTRI 11
3,175 sqft · RM 283.00 PSF
Jun 2024
RM 1,080,000
LORONG INDUSTRI 9
3,175 sqft · RM 340.00 PSF
May 2024
46,600 sqft
1 units Detached Factory
RM 6,935,000
LRG INDUSTRI
46,575 sqft · RM 149.00 PSF
Mar 2024