BANDAR MACANG BUBOK in Seberang Perai Tengah, Penang recorded 7 subsale transactions in 2022, with a median price of RM 380K and a median price per square foot (PSF) of RM 284.
This area contains both residential and commercial properties. View 23 residential properties or 3 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 380K, with most transactions falling within a stable range of RM 317K to RM 444K, and a typical market range of RM 309K to RM 451K.
Most transactions involved 1 - 1 1/2 storey terraced, with moderate diversity in property types available.
The median PSF stands at RM 284, with core pricing between RM 242 and RM 326. Market pricing typically extends from RM 243.00 to RM 325.00, reflecting moderate variation in unit pricing. With an IQR of RM 82.00 and MAD of RM 42, 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.
