Penang
Seberang Perai Tengah
15
GARDEN RESIDENCY (TAMAN MACHANG BUBOK)

GARDEN RESIDENCY (TAMAN MACHANG BUBOK)

Area Intelligence

2021

Median Price

RM 692,000

PSF: RM 262

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Residential PSF Trends

Median Price

RM 692,000

PSF: RM 262

GARDEN RESIDENCY (TAMAN MACHANG BUBOK) in Seberang Perai Tengah, Penang recorded 3 subsale transactions in 2021, with a median price of RM 692K and a median price per square foot (PSF) of RM 262.

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 692K, with most transactions falling within a stable range of RM 628K to RM 760K, and a typical market range of RM 628K to RM 765K.

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

The median PSF stands at RM 262, with core pricing between RM 219 and RM 305. Market pricing typically extends from RM 226.75 to RM 297.25, reflecting moderate variation in unit pricing. The spread of RM 70.50 (IQR) and deviation of RM 43 (MAD) suggest moderate price variations reflecting different property features.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

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GARDEN RESIDENCY (TAMAN MACHANG BUBOK), Seberang Perai Tengah, Penang

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