MUKIM MACHANG

MUKIM MACHANG in Machang, Kelantan recorded 5 subsale transactions in 2023, with a median price of RM 280K and a median price per square foot (PSF) of RM 62.

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 280K, with most transactions falling within a stable range of RM 250K to RM 352K, and a typical market range of RM 250K to RM 349K.

Most transactions involved detached, with high diversity across multiple property types.

Price per square foot shows a median of RM 62, though individual units vary from RM 44 to RM 80 in the core range. The broader market spans RM 35.00 to RM 89.00, indicating diverse property characteristics. A wider spread (IQR: RM 54.00) 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.