Penang
Seberang Perai Tengah
15
BANDAR MACANG BUBOK

BANDAR MACANG BUBOK

Area Intelligence

2023

Median Price

RM 395,000

PSF: RM 285

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Residential PSF Trends

Median Price

RM 389,000

PSF: RM 285

Commercial PSF Trends

Median Price

RM 960,000

RM 804 PSF

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 359K to RM 430K, and a typical market range of RM 330K to RM 430K.

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 229 and RM 341. Market pricing typically extends from RM 244.00 to RM 326.00, reflecting moderate variation in unit pricing. The spread of RM 82.00 (IQR) and deviation of RM 56 (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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

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BANDAR MACANG BUBOK, Seberang Perai Tengah, Penang

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