MUKIM BAKAR

MUKIM BAKAR in Machang, Kelantan recorded 2 subsale transactions in 2022, with a median price of RM 425K and a median price per square foot (PSF) of RM 105.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 425K, with most transactions falling within a stable range of RM 300K to RM 550K, and a typical market range of RM 384K to RM 466K.

Most transactions involved detached, with moderate diversity in property types available.

For price per square foot, the median is RM 105, with most transactions between RM 103 and RM 107. The usual range is RM 84.75 to RM 125.25, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 40.50 and an average deviation (MAD) of RM 2 indicate a highly stable PSF trend across properties.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.