Area Intelligence

BANDAR MACANG BUBOK

3 properties
2021
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Median Price
RM 315,000
PSF: RM 264

Residential Market

Median Price

RM 315,000

IQR: RM 56
MAD: RM 28
RM 264 PSF 3.3%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 960,000

IQR: RM 93
MAD: RM 93
RM 804 PSF

PSF Trends (2021-2025)

BANDAR MACANG BUBOK in Seberang Perai Tengah, Penang recorded 3 subsale transactions in 2021, with a median price of RM 315K and a median price per square foot (PSF) of RM 264.

This area contains both residential and commercial properties. View 22 residential properties or 2 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 315K, with most transactions falling within a stable range of RM 300K to RM 401K, and a typical market range of RM 300K to RM 368K.

Most transactions involved 1 - 1 1/2 storey terraced, with moderate diversity in property types available.

For price per square foot, the median is RM 264, with most transactions between RM 238 and RM 290. The usual range is RM 226.00 to RM 302.00, showing that most units are priced quite close to each other. With an IQR of RM 76.00 and MAD of RM 26, 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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BANDAR MACANG BUBOK, Seberang Perai Tengah, Penang

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Transactions

3 properties found

Double Storey Terraced LRG MACHANG BUBOK 49
RM 490,000
1,647 sqft Dec 2021
RM 298.00 PSF
Single Storey Terraced LORONG MACANG BUBOK 55
RM 315,000
1,195 sqft Nov 2021
RM 264.00 PSF
Single Storey Terraced LRG MACHANG BUBUK 36
RM 300,000
1,281 sqft Nov 2021
RM 234.00 PSF