Penang
Seberang Perai Tengah
15
TAMAN MACHANG BUBOK

TAMAN MACHANG BUBOK

Area Intelligence

2021

Median Price

RM 611,500

PSF: RM 255

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Residential PSF Trends

Median Price

RM 611,500

PSF: RM 255

Commercial PSF Trends

Median Price

RM 850,000

RM 664 PSF

TAMAN MACHANG BUBOK in Seberang Perai Tengah, Penang recorded 2 subsale transactions in 2021, with a median price of RM 612K and a median price per square foot (PSF) of RM 255.

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. The median price is RM 612K, with most transactions falling within a stable range of RM 595K to RM 628K, and a typical market range of RM 595K to RM 628K.

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

For price per square foot, the median is RM 255, with most transactions between RM 248 and RM 262. The usual range is RM 30.25 to RM 479.75, showing that most units are priced quite close to each other. With an IQR of RM 449.50 and MAD of RM 7, 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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