Area Intelligence

KG PANGKAL NERING

2 properties
2022
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Median Price
RM 285,000
PSF: RM 59

Residential Market

Median Price

RM 285,000

IQR: RM 6
MAD: RM 2
RM 59 PSF 6.1%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

KG PANGKAL NERING in Machang, Kelantan recorded 2 subsale transactions in 2022, with a median price of RM 285K and a median price per square foot (PSF) of RM 59.

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 285K, with most transactions falling within a stable range of RM 270K to RM 300K, and a typical market range of RM 271K to RM 299K.

Most transactions involved detached, with minimal variety in property types.

For price per square foot, the median is RM 59, with most transactions between RM 56 and RM 62. The usual range is RM 56.25 to RM 61.75, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 5.50 and an average deviation (MAD) of RM 3 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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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KG PANGKAL NERING, Machang, Kelantan

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Transactions

2 properties found

Detached
KG PGKL NERING
RM 270,000
PSF: RM 56.00
Area: 4,844 sqft
Date: Mar 2022
Detached
KG PGKL NERING
RM 300,000
PSF: RM 62.00
Area: 4,844 sqft
Date: Feb 2022