Area Intelligence

BANDAR BARU MACHANG

2 properties
2023
Median Price
RM 601,000
PSF: RM 429

Commercial Market

Median Price

RM 601,000

IQR: RM 73
RM 429 PSF 26.8%

PSF Trends (2021-2025)

BANDAR BARU MACHANG in Machang, Kelantan recorded 2 subsale transactions in 2023, with a median price of RM 601K and a median price per square foot (PSF) of RM 429.

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

Price remained flat, and PSF growth was PSF remained flat.

Most transactions involved 2 - 2 1/2 storey shop, with minimal variety in property types.

For price per square foot, the median is RM 429, with most transactions between RM 429 and RM 429. The usual range is RM 392.38 to RM 465.63, showing that most units are priced quite close to each other. With an IQR of RM 73.25 and MAD of RM 0, the PSF demonstrates reasonable consistency across the market.

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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BANDAR BARU MACHANG, Machang, Kelantan

OSM

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Transactions

2 properties grouped by size

1,400 sqft 2 units Double Storey Shop
RM 601,000 PSF: RM 429
Road Price PSF Size Date
UPTOWN MCHNG
RM 601,000
RM 429.00
1,399 sqft
Dec 2023
UPTOWN MCHNG
RM 601,000
RM 429.00
1,399 sqft
Nov 2023