Bandar Macang Bubok
Lorong Machang Bubok 15, Taman Machang Bubok, 14000 Bukit Mertajam, Pulau Pinang, Malaysia
Lorong Machang Bubok 15, Taman Machang Bubok, 14000 Bukit Mertajam, Pulau Pinang, Malaysia
Property Type
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2021 | |||||
|
Lorong Machang Bubok 49
|
RM 490,000
|
RM 273
|
1,798 sqft
|
|
2-Sty Terrace |
|
Lorong Macang Bubok 55
|
RM 315,000
|
RM 264
|
1,195 sqft
|
|
Terrace |
|
Lorong Machang Bubuk 36
|
RM 300,000
|
RM 234
|
1,281 sqft
|
|
Terrace |
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Market Snapshot
RM 315,000
RM 264 psfMedian transaction price
RM 1,000,000
RM 838 psfMedian transaction price
Lorong Machang Bubok 15, Taman Machang Bubok, 14000 Bukit Mertajam, Pulau Pinang, Malaysia
MapsBandar Macang Bubok in Seberang Perai Tengah, Penang recorded 3 subsale transactions in 2021, with a median price of RM 315K and a median price per square foot (PSF) of RM 264.
This area contains both residential and commercial properties. View 23 residential properties or 6 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 315K, with most transactions falling within a stable range of RM 300K to RM 401K, and a typical market range of RM 300K to RM 436K.
Most transactions involved 1 - 1 1/2 storey terraced, with moderate diversity in property types available.
For price per square foot, the median is RM 264, with most transactions between RM 247 and RM 280. The usual range is RM 213.14 to RM 314.14, showing that most units are priced quite close to each other. With an IQR of RM 101.00 and MAD of RM 16, the PSF demonstrates reasonable consistency across the market.
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.