KPG BARU MACANG BUBOK in Seberang Perai Tengah, Penang recorded 2 subsale transactions in 2023, with a median price of RM 318K and a median price per square foot (PSF) of RM 77.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 318K, with most transactions falling within a stable range of RM 265K to RM 370K, and a typical market range of RM 272K to RM 363K.
Most transactions involved detached, though some variety exists in the market.
The median PSF stands at RM 77, with core pricing between RM 63 and RM 90. Market pricing typically extends from RM 65.88 to RM 87.13, reflecting moderate variation in unit pricing. The spread of RM 21.25 (IQR) and deviation of RM 14 (MAD) suggest moderate price variations reflecting different property features.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.