Area Intelligence

BANDAR MACANG BUBOK

15 properties
2024
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Median Price
RM 131,000
PSF: RM 213

Residential Market

Median Price

RM 110,000

IQR: RM 190
MAD: RM 75
RM 210 PSF 28.5%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 674,000

IQR: RM 103
MAD: RM 59
RM 569 PSF 1.5%

PSF Trends (2021-2025)

BANDAR MACANG BUBOK in Seberang Perai Tengah, Penang recorded 15 subsale transactions in 2024, with a median price of RM 131K and a median price per square foot (PSF) of RM 213.

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 131K, with most transactions falling within a stable range of RM 50K to RM 403K, and a typical market range of RM 50K to RM 345K.

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

Price per square foot shows a median of RM 213, though individual units vary from RM 32 to RM 394 in the core range. The broader market spans RM 87.00 to RM 339.00, indicating diverse property characteristics. A wider spread (IQR: RM 252.00) and deviation (MAD: RM 181) 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

15 properties found

3-Storey Storey Shop JALAN MACANG BUBOK
RM 598,000
1,173 sqft Oct 2024
RM 510.00 PSF
Low-Cost Flat
RM 80,000
517 sqft Sep 2024
RM 155.00 PSF
Low-Cost Flat
RM 80,000
592 sqft Sep 2024
RM 135.00 PSF
Double Storey Terraced LORONG MACHANG BUBOK 28
RM 525,000
1,195 sqft Jun 2024
RM 439.00 PSF
Double Storey Terraced LORONG MACHANG BUBOK 31
RM 547,000
1,195 sqft Jun 2024
RM 458.00 PSF
3-Storey Storey Shop JLN MACHANG BUBOK
RM 750,000
1,195 sqft Jun 2024
RM 628.00 PSF
Double Storey Terraced LORONG MACHANG BUBOK 9
RM 720,000
1,195 sqft May 2024
RM 603.00 PSF
Low-Cost Flat
RM 110,000
517 sqft May 2024
RM 213.00 PSF
Low-Cost Flat
RM 50,000
592 sqft May 2024
RM 84.00 PSF
Double Storey Terraced LORONG MACHANG BUBOK 31
RM 698,000
1,862 sqft Apr 2024
RM 375.00 PSF
Low-Cost Flat
RM 100,000
517 sqft Apr 2024
RM 194.00 PSF
Single Storey Terraced LRG MACHANG BUBOK 19
RM 300,000
1,195 sqft Mar 2024
RM 251.00 PSF
Flat
RM 131,000
624 sqft Feb 2024
RM 210.00 PSF
Low-Cost Flat
RM 55,000
592 sqft Jan 2024
RM 93.00 PSF
Low-Cost Flat
RM 70,000
592 sqft Jan 2024
RM 118.00 PSF