BANDAR MACANG BUBOK in Seberang Perai Tengah, Penang recorded 15 subsale transactions in 2024, with a median price of RM 131K and a median price per square foot (PSF) of RM 213.
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 131K, with most transactions falling within a stable range of RM -93,000 to RM 355K, and a typical market range of RM -90,875 to RM 353K.
Most transactions involved low-cost flat, with high diversity across multiple property types.
Price per square foot shows a median of RM 213, though individual units vary from RM 88 to RM 339 in the core range. The broader market spans RM 83.88 to RM 342.13, 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. Limited transaction history suggests carefully evaluating comparable sales data.
