PANGSAPURI PINGGIRAN MACHANG BUBOK 1

PANGSAPURI PINGGIRAN MACHANG BUBOK 1 in Seberang Perai Tengah, Penang recorded 16 subsale transactions in 2024, with a median price of RM 487K and a median price per square foot (PSF) of RM 358.

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 487K, with most transactions falling within a stable range of RM 447K to RM 526K, and a typical market range of RM 453K to RM 520K.

Most transactions involved condominium/apartment, with minimal variety in property types.

For price per square foot, the median is RM 358, with most transactions between RM 331 and RM 385. The usual range is RM 331.50 to RM 384.50, showing that most units are priced quite close to each other. With an IQR of RM 53.00 and MAD of RM 27, 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.