TAMAN PINGGIRAN MACHANG BUBOK

TAMAN PINGGIRAN MACHANG BUBOK in Seberang Perai Tengah, Penang recorded 32 subsale transactions in 2022, with a median price of RM 42K and a median price per square foot (PSF) of RM 67.

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 67, with most transactions between RM 66 and RM 68. The usual range is RM 66.00 to RM 68.00, 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. Moderate transaction volume may require patience when buying or selling.