Area Intelligence

TAMAN PANCHOR UTAMA

2 properties
2024
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Median Price
RM 445,000
PSF: RM 163

Residential Market

Median Price

RM 445,000

RM 163 PSF

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TAMAN PANCHOR UTAMA in Seberang Perai Selatan, Penang recorded 2 subsale transactions in 2024, with a median price of RM 445K and a median price per square foot (PSF) of RM 163.

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 445K, with most transactions falling within a stable range of RM 440K to RM 450K, and a typical market range of RM 440K to RM 450K.

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 163, with most transactions between RM 162 and RM 164. The usual range is RM 150.00 to RM 176.00, 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 1 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

2 properties grouped by size

2,700 sqft
1 units Single Storey Semi-D
RM 440,000
LORONG PANCHOR UTAMA 9
2,680 sqft · RM 164.00 PSF
Apr 2024
2,800 sqft
1 units Single Storey Semi-D
RM 450,000
LORONG PANCUR UTAMA 3
2,777 sqft · RM 162.00 PSF
Aug 2024