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 grouped by size

500 sqft
3 units Low-Cost Flat
RM 80,000
517 sqft · RM 155.00 PSF
Sep 2024
RM 110,000
517 sqft · RM 213.00 PSF
May 2024
RM 100,000
517 sqft · RM 194.00 PSF
Apr 2024
600 sqft
5 units
RM 80,000
Low-Cost Flat
592 sqft · RM 135.00 PSF
Sep 2024
RM 50,000
Low-Cost Flat
592 sqft · RM 84.00 PSF
May 2024
RM 131,000
Flat
624 sqft · RM 210.00 PSF
Feb 2024
RM 55,000
Low-Cost Flat
592 sqft · RM 93.00 PSF
Jan 2024
RM 70,000
Low-Cost Flat
592 sqft · RM 118.00 PSF
Jan 2024
1,150 sqft
1 units 3-Storey Storey Shop
RM 598,000
JALAN MACANG BUBOK
1,173 sqft · RM 510.00 PSF
Oct 2024
1,200 sqft
5 units
RM 525,000
Double Storey Terraced LORONG MACHANG BUBOK 28
1,195 sqft · RM 439.00 PSF
Jun 2024
RM 547,000
Double Storey Terraced LORONG MACHANG BUBOK 31
1,195 sqft · RM 458.00 PSF
Jun 2024
RM 750,000
3-Storey Storey Shop JLN MACHANG BUBOK
1,195 sqft · RM 628.00 PSF
Jun 2024
RM 720,000
Double Storey Terraced LORONG MACHANG BUBOK 9
1,195 sqft · RM 603.00 PSF
May 2024
RM 300,000
Single Storey Terraced LRG MACHANG BUBOK 19
1,195 sqft · RM 251.00 PSF
Mar 2024
1,850 sqft
1 units Double Storey Terraced
RM 698,000
LORONG MACHANG BUBOK 31
1,862 sqft · RM 375.00 PSF
Apr 2024