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 grouped by size

1,200 sqft
8 units
RM 850,000
3-Storey Storey Shop LORONG MACHANG BUBOK 47
1,195 sqft · RM 711.00 PSF
Dec 2023
RM 330,000
Single Storey Terraced LORONG MACANG BUBOK 51
1,195 sqft · RM 276.00 PSF
Aug 2023
RM 1,070,000
3-Storey Storey Shop JALAN MACANG BUBOK
1,195 sqft · RM 896.00 PSF
Jul 2023
RM 340,000
Single Storey Terraced JALAN MACHANG BUBOK 3
1,195 sqft · RM 285.00 PSF
May 2023
RM 400,000
Single Storey Terraced LORONG MACANG BUBOK 55
1,195 sqft · RM 335.00 PSF
Mar 2023
RM 330,000
Single Storey Terraced LORONG MACHANG BUBOK 38
1,195 sqft · RM 276.00 PSF
Mar 2023
RM 430,000
Single Storey Terraced LORONG MACHANG BUBOK 42
1,195 sqft · RM 360.00 PSF
Feb 2023
RM 338,000
Single Storey Terraced LORONG MACHANG BUBOK 46
1,195 sqft · RM 283.00 PSF
Jan 2023
1,350 sqft
1 units Single Storey Terraced
RM 389,000
LORONG MACHANG BUBOK 20
1,367 sqft · RM 285.00 PSF
May 2023
1,800 sqft
1 units Double Storey Terraced
RM 580,000
LRG MACHANG BUBOK 43
1,798 sqft · RM 323.00 PSF
Dec 2023
2,550 sqft
1 units Single Storey Terraced
RM 395,000
LORONG MACHANG BUBUK 46
2,540 sqft · RM 155.00 PSF
Jul 2023