PropMedian transaction data

PANGSAPURI PINGGIRAN MACHANG BUBOK 1 Transaction Price & PSF

PANGSAPURI PINGGIRAN MACHANG BUBOK 1 · Condominium/Apartment · Seberang Perai Tengah · Pulau Pinang · Data through January 2025

Median price
RM474,000
Median Parcel PSF
RM354.05 psf47.5% usable coverage
Transactions
99
Data period
January 2025From March 2021

These are transaction-based market benchmarks for the selected scope. They are not a valuation of an individual unit.

This targeted market snapshot examines the residential segment for Condominium/Apartment within Pulau Pinang, with a focus on how readers can interpret the transaction data and use the benchmark without implying price direction or investment outcomes.

Market overview

In Seberang Perai Tengah, the dataset shows a focus on the Condominium/Apartment category within the residential segment, with activity concentrated in a local scheme. The information reflects a historical arc over the observation window and presents a context for comparing properties within the same category and scheme, rather than a single value for all cases.

Property transaction benchmark

Median Parcel PSF is shown only where sufficient usable parcel area coverage supports the calculation.

Condominium/Apartment

Transactions
99
Median price
RM474,000
Median parcel area
1,173 sqft
Median Parcel PSF
RM354.05 psf
PSF coverage
47.5%

Within the residential segment, this category is the central focus of the dataset, indicating that most activity centers on condominiums and apartment units in the local market.

How to interpret this market

Readers can use transaction benchmarks as a reference point for comparing like with like in the same district and scheme. Remember that individual properties differ in condition, size and exact location, so benchmarks describe trends for the category rather than precise predictions for any single unit.

Explore the wider market

Compare this scheme with the relevant district and property-type market.

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Browse current listings

Compare asking prices with the transaction benchmark.

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Frequently asked questions

What property type dominates this market segment?

Condominium/Apartment is the leading residential category in this dataset for the specified district and scheme.

How should readers interpret scheme level data when assessing prices?

Treat the scheme as a local reference for interpretation and compare within the same property type and scheme, while acknowledging that individual properties may vary.

Can year to year activity patterns be inferred from this data?

The data shows variation across years, so readers should view year to year differences as context rather than a forecast for any specific unit.

Summary

This analysis reinforces that separate comparisons across property types are important and that transaction benchmarks serve as contextual guidance rather than guarantees. Readers should compare like with like and interpret benchmarks with caution.

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Methodology

Median transaction price for the selected market scope.

Parcel PSF is the median of valid transaction-level parcel PSF values, not median price divided by median area.

Unavailable measurements are not estimated or inferred.

Parcel PSF is displayed when there are at least 10 valid PSF observations and coverage is at least 25%.

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PANGSAPURI PINGGIRAN MACHANG BUBOK 1 Price & PSF | PropMedian