Residential Market
Median Price
RM 350,000
PSF Trends (2021-2025)
KG PANGKAL MELERET in Machang, Kelantan recorded 3 subsale transactions between 2021 and 2025, with a median price of RM 350K and a median price per square foot (PSF) of RM 50.
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 350K, with most transactions falling within a stable range of RM 300K to RM 400K, and a typical market range of RM 270K to RM 400K.
Most transactions involved detached, with minimal variety in property types.
Price per square foot shows a median of RM 50, though individual units vary from RM 32 to RM 68 in the core range. The broader market spans RM 36.50 to RM 63.50, indicating diverse property characteristics. A wider spread (IQR: RM 27.00) and deviation (MAD: RM 18) 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.
Filter by type, year, price, and size
Transactions
3 properties grouped by size
Road | Price | PSF | Size | Date |
---|---|---|---|---|
OFF JLN PGKL MELERET / WAKAF
|
RM 400,000
|
RM 68.00
|
5,877 sqft
|
May 2024
|
OFF JLN PGKL MELERET / WAKAF BATA
|
RM 80,000
|
RM 14.00
|
5,877 sqft
|
Feb 2024
|
Road | Price | PSF | Size | Date |
---|---|---|---|---|
JALAN MACHANG - TANAH MERAH
|
RM 350,000
|
RM 50.00
|
7,029 sqft
|
Oct 2024
|