BANDAR MACANG BUBOK

Area Intelligence
2022
Median Price
RM 367,500
PSF: RM 262

Residential PSF Trends

Median Price

RM 320,000

PSF: RM 228

Commercial PSF Trends

Median Price

RM 700,000

RM 586 PSF

BANDAR MACANG BUBOK in Seberang Perai Tengah, Penang recorded 30 subsale transactions in 2022, with a median price of RM 368K and a median price per square foot (PSF) of RM 262.

This area contains both residential and commercial properties. View 55 residential properties or 11 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 368K, with most transactions falling within a stable range of RM 750K to RM 391K, and a typical market range of RM 750K to RM 589K.

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

Price per square foot shows a median of RM 262, though individual units vary from RM 67 to RM 457 in the core range. The broader market spans RM 132.88 to RM 391.13, indicating diverse property characteristics. A wider spread (IQR: RM 258.25) and deviation (MAD: RM 195) 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. Moderate transaction volume may require patience when buying or selling.

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BANDAR MACANG BUBOK, Seberang Perai Tengah, Penang

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Transactions

3 transactions grouped by size

1,200 sqft
3-Storey Shop
RM 800,000
JALAN KULIM
1,195 sqft · RM 670 PSF
RM 800,000
JALAN MACHANG BUBOK
1,195 sqft · RM 670 PSF
2,950 sqft
Double Storey Semi-D
RM 750,000
LORONG MACANG BUBOK
2,928 sqft · RM 256 PSF

No Properties For Sale

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

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