BANDAR MACANG BUBOK in Seberang Perai Tengah, Penang recorded 10 subsale transactions in 2022, with a median price of RM 67K and a median price per square foot (PSF) of RM 113.
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 67K, with most transactions falling within a stable range of RM -157,500 to RM 291K, and a typical market range of RM -155,375 to RM 288K.
Most transactions involved low-cost flat, with high diversity across multiple property types.
Price per square foot shows a median of RM 113, though individual units vary from RM 0 to RM 238 in the core range. The broader market spans RM 0.00 to RM 241.63, 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. Limited transaction history suggests carefully evaluating comparable sales data.
