BANDAR MACANG BUBOK in Seberang Perai Tengah, Penang recorded 30 subsale transactions in 2022, with a median price of RM 368K and a median price per square foot (PSF) of RM 262.
This area contains both residential and commercial properties. View 55 residential properties or 11 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 368K, with most transactions falling within a stable range of RM 144K to RM 592K, and a typical market range of RM 146K to RM 589K.
Most transactions involved low-cost flat, with high diversity across multiple property types.
Price per square foot shows a median of RM 262, though individual units vary from RM 137 to RM 388 in the core range. The broader market spans RM 132.88 to RM 391.13, indicating diverse property characteristics. A wider spread (IQR: RM 258.25) and deviation (MAD: RM 126) indicate significant PSF variations, likely due to diverse property types or conditions.
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. Moderate transaction volume may require patience when buying or selling.
