Area Intelligence

BANDAR MACANG BUBOK

11 properties
2023
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Median Price
RM 395,000
PSF: RM 285

Residential Market

Median Price

RM 389,000

IQR: RM 56
MAD: RM 28
RM 285 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 11 subsale transactions in 2023, with a median price of RM 395K and a median price per square foot (PSF) of RM 285.

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 395K, with most transactions falling within a stable range of RM 330K to RM 629K, and a typical market range of RM 342K to RM 448K.

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

Price per square foot shows a median of RM 285, though individual units vary from RM 76 to RM 494 in the core range. The broader market spans RM 247.00 to RM 323.00, indicating diverse property characteristics. A wider spread (IQR: RM 76.00) and deviation (MAD: RM 209) 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. 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

11 properties found

Double Storey Terraced LRG MACHANG BUBOK 43
RM 580,000
1,798 sqft Dec 2023
RM 323.00 PSF
3-Storey Storey Shop LORONG MACHANG BUBOK 47
RM 850,000
1,195 sqft Dec 2023
RM 711.00 PSF
Single Storey Terraced LORONG MACANG BUBOK 51
RM 330,000
1,195 sqft Aug 2023
RM 276.00 PSF
Single Storey Terraced LORONG MACHANG BUBUK 46
RM 395,000
2,540 sqft Jul 2023
RM 155.00 PSF
3-Storey Storey Shop JALAN MACANG BUBOK
RM 1,070,000
1,195 sqft Jul 2023
RM 896.00 PSF
Single Storey Terraced JALAN MACHANG BUBOK 3
RM 340,000
1,195 sqft May 2023
RM 285.00 PSF
Single Storey Terraced LORONG MACHANG BUBOK 20
RM 389,000
1,367 sqft May 2023
RM 285.00 PSF
Single Storey Terraced LORONG MACANG BUBOK 55
RM 400,000
1,195 sqft Mar 2023
RM 335.00 PSF
Single Storey Terraced LORONG MACHANG BUBOK 38
RM 330,000
1,195 sqft Mar 2023
RM 276.00 PSF
Single Storey Terraced LORONG MACHANG BUBOK 42
RM 430,000
1,195 sqft Feb 2023
RM 360.00 PSF
Single Storey Terraced LORONG MACHANG BUBOK 46
RM 338,000
1,195 sqft Jan 2023
RM 283.00 PSF