Area Intelligence

TAMAN PANCHOR UTAMA

3 properties
2022
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Median Price
RM 360,000
PSF: RM 156

Residential Market

Median Price

RM 360,000

RM 156 PSF

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TAMAN PANCHOR UTAMA in Seberang Perai Selatan, Penang recorded 3 subsale transactions in 2022, with a median price of RM 360K and a median price per square foot (PSF) of RM 156.

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 360K, with most transactions falling within a stable range of RM 316K to RM 390K, and a typical market range of RM 328K to RM 390K.

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

For price per square foot, the median is RM 156, with most transactions between RM 145 and RM 167. The usual range is RM 143.00 to RM 169.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 26.00 and an average deviation (MAD) of RM 11 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 UTAMA, Seberang Perai Selatan, Penang

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Transactions

3 properties grouped by size

1,850 sqft
1 units Single Storey Terraced
RM 285,000
LORONG PANCHOR UTAMA
1,830 sqft · RM 156.00 PSF
Feb 2022
2,300 sqft
1 units Single Storey Semi-D
RM 390,000
LORONG PANCUR UTAMA 10
2,303 sqft · RM 169.00 PSF
Aug 2022
2,550 sqft
1 units Single Storey Semi-D
RM 360,000
LORONG PANCUR UTAMA 12
2,530 sqft · RM 142.00 PSF
Nov 2022