GARDEN RESIDENCY (TMN MACHANG BUBOK)

GARDEN RESIDENCY (TMN MACHANG BUBOK) in Seberang Perai Tengah, Penang recorded 3 subsale transactions in 2024, with a median price of RM 760K and a median price per square foot (PSF) of RM 288.

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 760K, with most transactions falling within a stable range of RM 691K to RM 1.06 million, and a typical market range of RM 691K to RM 833K.

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

The median PSF stands at RM 288, with core pricing between RM 258 and RM 318. Market pricing typically extends from RM 252.75 to RM 323.25, reflecting moderate variation in unit pricing. With an IQR of RM 70.50 and MAD of RM 30, 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.