MUKIM LABOK

MUKIM LABOK in Machang, Kelantan recorded 2 subsale transactions in 2021, with a median price of RM 308K and a median price per square foot (PSF) of RM 56.

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 308K, with most transactions falling within a stable range of RM 265K to RM 350K, and a typical market range of RM 273K to RM 343K.

Most transactions involved detached, though some variety exists in the market.

The median PSF stands at RM 56, with core pricing between RM 47 and RM 64. Market pricing typically extends from RM 50.50 to RM 60.50, reflecting moderate variation in unit pricing. The spread of RM 10.00 (IQR) and deviation of RM 9 (MAD) suggest moderate price variations reflecting different property features.

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.