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

GARDEN RESIDENCY (TAMAN MACHANG BUBOK)

Area Intelligence

2021

Median Price

RM 660,000

PSF: RM 275

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Residential PSF Trends

Median Price

RM 660,000

PSF: RM 275

GARDEN RESIDENCY (TAMAN MACHANG BUBOK) in Seberang Perai Tengah, Penang recorded 2 subsale transactions in 2021, with a median price of RM 660K and a median price per square foot (PSF) of RM 275.

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 660K, with most transactions falling within a stable range of RM 628K to RM 692K, and a typical market range of RM 628K to RM 692K.

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

For price per square foot, the median is RM 275, with most transactions between RM 262 and RM 288. The usual range is RM 239.75 to RM 310.25, showing that most units are priced quite close to each other. With an IQR of RM 70.50 and MAD of RM 13, 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. 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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