TAMAN PINGGIRAN MACHANG BUBOK

TAMAN PINGGIRAN MACHANG BUBOK in Seberang Perai Tengah, Penang recorded 17 subsale transactions in 2023, with a median price of RM 42K and a median price per square foot (PSF) of RM 65.

This area consists exclusively of residential properties, with no commercial listings recorded.

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

Most transactions involved low-cost flat, with minimal variety in property types.

For price per square foot, the median is RM 65, with most transactions between RM 64 and RM 66. The usual range is RM 64.00 to RM 66.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 2.00 and an average deviation (MAD) of RM 1 indicate a highly stable PSF trend across properties.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.