TAMAN MACHANG BUBOK in Seberang Perai Tengah, Penang recorded 26 subsale transactions in 2024, with a median price of RM 428K and a median price per square foot (PSF) of RM 337.
This area contains both residential and commercial properties. View 60 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 428K, with most transactions falling within a stable range of RM 369K to RM 487K, and a typical market range of RM 235K to RM 620K.
Most transactions involved low-cost flat, with high diversity across multiple property types.
Price per square foot shows a median of RM 337, though individual units vary from RM 263 to RM 411 in the core range. The broader market spans RM 230.50 to RM 443.50, indicating diverse property characteristics. The spread of RM 213.00 (IQR) and deviation of RM 74 (MAD) suggest moderate price variations reflecting different property features.
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. Moderate transaction volume may require patience when buying or selling.
