Penang
Seberang Perai Tengah
16
BANDAR MACANG BUBOK

BANDAR MACANG BUBOK

Area Intelligence

2024

Median Price

RM 131,000

PSF: RM 213

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Residential PSF Trends

Median Price

RM 110,000

PSF: RM 210

Commercial PSF Trends

Median Price

RM 674,000

RM 569 PSF

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.

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

For price per square foot, the median is RM 213, with most transactions between RM 213 and RM 213. The usual range is RM 83.88 to RM 342.13, showing that most units are priced quite close to each other. With an IQR of RM 258.25 and MAD of RM 0, the PSF demonstrates reasonable consistency across the market.

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.

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BANDAR MACANG BUBOK, Seberang Perai Tengah, Penang

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