Area Intelligence

TF 60 @ BANDAR MACHANG BUBOK

4 properties
2022
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Median Price
RM 844,000
PSF: RM 695

Commercial Market

Median Price

RM 844,000

IQR: RM 17
MAD: RM 17
RM 695 PSF 13.7%

PSF Trends (2021-2025)

TF 60 @ BANDAR MACHANG BUBOK in Seberang Perai Tengah, Penang recorded 4 subsale transactions in 2022, with a median price of RM 844K and a median price per square foot (PSF) of RM 695.

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

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 844K, with most transactions falling within a stable range of RM 820K to RM 1.21 million, and a typical market range of RM 820K to RM 868K.

Most transactions involved 3 - 3 1/2 storey shop, though some variety exists in the market.

For price per square foot, the median is RM 695, with most transactions between RM 678 and RM 711. The usual range is RM 686.00 to RM 703.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 17.00 and an average deviation (MAD) of RM 16 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.

Area Location

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TF 60 @ BANDAR MACHANG BUBOK, Seberang Perai Tengah, Penang

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Transactions

4 properties found

3-Storey Storey Shop JALAN KULIM
RM 820,000
1,195 sqft Jun 2022
RM 686.00 PSF
3-Storey Storey Shop JALAN KULIM
RM 1,679,000
2,390 sqft Apr 2022
RM 703.00 PSF
3-Storey Storey Shop JALAN KULIM
RM 868,000
1,195 sqft Mar 2022
RM 726.00 PSF
3-Storey Storey Shop JALAN KULIM
RM 820,000
1,195 sqft Jan 2022
RM 686.00 PSF