Area Intelligence

BANDAR MACANG BUBOK

3 properties
2021
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Median Price
RM 54,000
PSF: RM 99

Residential Market

Median Price

RM 54,000

IQR: RM 190
MAD: RM 75
RM 99 PSF 28.5%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 665,000

IQR: RM 103
MAD: RM 59
RM 557 PSF 1.5%

PSF Trends (2021-2025)

BANDAR MACANG BUBOK in Seberang Perai Tengah, Penang recorded 3 subsale transactions in 2021, with a median price of RM 54K and a median price per square foot (PSF) of RM 99.

This area contains both residential and commercial properties. View 55 residential properties or 10 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 54K, with most transactions falling within a stable range of RM 53K to RM 170K, and a typical market range of RM 53K to RM 268K.

Most transactions involved low-cost flat, with high diversity across multiple property types.

Price per square foot shows a median of RM 99, though individual units vary from RM 25 to RM 173 in the core range. The broader market spans RM 0.00 to RM 225.00, indicating diverse property characteristics. A wider spread (IQR: RM 252.00) and deviation (MAD: RM 74) 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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BANDAR MACANG BUBOK, Seberang Perai Tengah, Penang

OSM

Transactions

3 properties found

Low-Cost Flat
RM 53,000
536 sqft Dec 2021
RM 99.00 PSF
Low-Cost Flat
RM 54,000
592 sqft Dec 2021
RM 91.00 PSF
Single Storey Terraced LORONG MACANG BUBUK 19
RM 300,000
1,195 sqft Aug 2021
RM 251.00 PSF