BANDAR MACANG BUBOK

BANDAR MACANG BUBOK in Seberang Perai Tengah, Penang recorded 7 subsale transactions in 2023, with a median price of RM 445K and a median price per square foot (PSF) of RM 372.

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 445K, with most transactions falling within a stable range of RM 333K to RM 557K, and a typical market range of RM 315K to RM 667K.

Most transactions involved low-cost flat, with high diversity across multiple property types.

Price per square foot shows a median of RM 372, though individual units vary from RM 278 to RM 466 in the core range. The broader market spans RM 242.88 to RM 501.13, indicating diverse property characteristics. A wider spread (IQR: RM 258.25) and deviation (MAD: RM 94) 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.