BANDAR MACANG BUBOK in Seberang Perai Tengah, Penang recorded 11 subsale transactions in 2023, with a median price of RM 395K and a median price per square foot (PSF) of RM 285.
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 395K, with most transactions falling within a stable range of RM 332K to RM 459K, and a typical market range of RM 324K to RM 466K.
Most transactions involved 1 - 1 1/2 storey terraced, with moderate diversity in property types available.
The median PSF stands at RM 285, with core pricing between RM 243 and RM 327. Market pricing typically extends from RM 244.00 to RM 326.00, 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.
