Area Intelligence

TAMAN MACHANG BUBOK

11 properties
2022
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Median Price
RM 65,000
PSF: RM 126

Residential Market

Median Price

RM 65,000

IQR: RM 162
MAD: RM 58
RM 126 PSF 27.9%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 720,000

IQR: RM 25
MAD: RM 14
RM 614 PSF 6.0%

PSF Trends (2021-2025)

TAMAN MACHANG BUBOK in Seberang Perai Tengah, Penang recorded 11 subsale transactions in 2022, with a median price of RM 65K and a median price per square foot (PSF) of RM 126.

This area contains both residential and commercial properties. View 59 residential properties or 5 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 65K, with most transactions falling within a stable range of RM 59K to RM 194K, and a typical market range of RM 59K to RM 258K.

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

Price per square foot shows a median of RM 126, though individual units vary from RM 46 to RM 206 in the core range. The broader market spans RM 18.63 to RM 233.38, indicating diverse property characteristics. A wider spread (IQR: RM 214.75) and deviation (MAD: RM 80) indicate significant PSF variations, likely due to diverse property types or conditions.

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.

Area Location

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TAMAN MACHANG BUBOK, Seberang Perai Tengah, Penang

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Transactions

11 properties grouped by size

500 sqft
6 units Low-Cost Flat
RM 59,000
517 sqft · RM 114.00 PSF
Sep 2022
RM 63,000
517 sqft · RM 122.00 PSF
Sep 2022
RM 73,000
517 sqft · RM 141.00 PSF
Sep 2022
RM 60,000
517 sqft · RM 116.00 PSF
Aug 2022
RM 65,000
517 sqft · RM 126.00 PSF
Apr 2022
RM 65,000
517 sqft · RM 126.00 PSF
Feb 2022
600 sqft
1 units Low-Cost Flat
RM 60,000
624 sqft · RM 96.00 PSF
Oct 2022
650 sqft
1 units Low-Cost Flat
RM 85,000
646 sqft · RM 132.00 PSF
Apr 2022
1,200 sqft
3 units
RM 410,000
Double Storey Terraced LORONG MACHANG BUBOK 5
1,195 sqft · RM 343.00 PSF
Dec 2022
RM 360,000
Double Storey Terraced LORONG MACHANG BUBOK 9
1,195 sqft · RM 301.00 PSF
Jun 2022
RM 270,000
Single Storey Terraced LORONG MACHANG BUBOK 19
1,195 sqft · RM 226.00 PSF
Mar 2022