Penang
Seberang Perai Tengah
16
BANDAR MACANG BUBOK

BANDAR MACANG BUBOK

Area Intelligence

2021

Median Price

RM 54,000

PSF: RM 99

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Residential PSF Trends

Median Price

RM 54,000

PSF: RM 99

Commercial PSF Trends

Median Price

RM 630,000

RM 527 PSF

BANDAR MACANG BUBOK in Seberang Perai Tengah, Penang recorded 3 subsale transactions in 2021, with a median price of RM 54K and a median price per square foot (PSF) of RM 99.

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 99, with most transactions between RM 99 and RM 99. The usual range is RM 0.00 to RM 228.13, 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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