GARDEN RESIDENCY (TMN MACHANG BUBOK)

GARDEN RESIDENCY (TMN MACHANG BUBOK) in Seberang Perai Tengah, Penang recorded 2 subsale transactions in 2023, with a median price of RM 758K and a median price per square foot (PSF) of RM 316.

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 758K, with most transactions falling within a stable range of RM 688K to RM 828K, and a typical market range of RM 688K to RM 828K.

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 316, with most transactions between RM 287 and RM 345. The usual range is RM 280.75 to RM 351.25, showing that most units are priced quite close to each other. With an IQR of RM 70.50 and MAD of RM 29, 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.