GARDEN RESIDENCY (TAMAN MACHANG BUBOK)

GARDEN RESIDENCY (TAMAN MACHANG BUBOK) in Seberang Perai Tengah, Penang recorded 6 subsale transactions in 2022, with a median price of RM 837K and a median price per square foot (PSF) of RM 347.

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 837K, with most transactions falling within a stable range of RM 768K to RM 906K, and a typical market range of RM 764K to RM 910K.

Most transactions involved 2 - 2 1/2 storey semi-detached, though some variety exists in the market.

The median PSF stands at RM 347, with core pricing between RM 300 and RM 394. Market pricing typically extends from RM 311.25 to RM 381.75, reflecting moderate variation in unit pricing. With an IQR of RM 70.50 and MAD of RM 47, the PSF demonstrates reasonable consistency across the market.

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.