Penang
Seberang Perai Tengah
15
TAMAN MACHANG BUBOK

TAMAN MACHANG BUBOK

Area Intelligence

2023

Median Price

RM 615,000

PSF: RM 289

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Residential PSF Trends

Median Price

RM 207,500

PSF: RM 182

Commercial PSF Trends

Median Price

RM 869,000

RM 711 PSF

TAMAN MACHANG BUBOK in Seberang Perai Tengah, Penang recorded 10 subsale transactions in 2023, with a median price of RM 615K and a median price per square foot (PSF) of RM 289.

This area contains both residential and commercial properties. View 22 residential properties or 12 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat.

Most transactions involved low-cost flat, with high diversity across multiple property types.

For price per square foot, the median is RM 289, with most transactions between RM 289 and RM 289. The usual range is RM 63.75 to RM 513.25, showing that most units are priced quite close to each other. With an IQR of RM 449.50 and MAD of RM 0, the PSF demonstrates reasonable consistency across the market.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN MACHANG BUBOK, Seberang Perai Tengah, Penang

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