BANDAR MACANG BUBOK

Area Intelligence
2023
Median Price
RM 395,000
PSF: RM 285

Residential PSF Trends

Median Price

RM 389,000

PSF: RM 285

Commercial PSF Trends

Median Price

RM 960,000

RM 804 PSF

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 23 residential properties or 3 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 580K to RM 530K, and a typical market range of RM 580K to RM 466K.

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 91 to RM 479 in the core range. The broader market spans RM 244.00 to RM 326.00, indicating diverse property characteristics. A wider spread (IQR: RM 82.00) and deviation (MAD: RM 194) 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.

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BANDAR MACANG BUBOK, Seberang Perai Tengah, Penang

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Transactions

2 transactions grouped by size

1,200 sqft
3-Storey Shop
RM 850,000
LORONG MACHANG BUBOK 47
1,195 sqft · RM 711 PSF
1,800 sqft
Double Storey Terraced
RM 580,000
LORONG MACHANG BUBOK 43
1,798 sqft · RM 323 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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