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. The median price is RM 131K, with most transactions falling within a stable range of RM 59K to RM 203K, and a typical market range of RM 50K to RM 300K.

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 158 to RM 268 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 55) 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.

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BANDAR MACANG BUBOK, Seberang Perai Tengah, Penang

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