MUKIM PADANG KEMUNCHUT

MUKIM PADANG KEMUNCHUT in Machang, Kelantan recorded 3 subsale transactions in 2023, with a median price of RM 280K and a median price per square foot (PSF) of RM 203.

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

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

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

The median PSF stands at RM 203, with core pricing between RM 175 and RM 231. Market pricing typically extends from RM 192.88 to RM 213.13, reflecting moderate variation in unit pricing. With an IQR of RM 20.25 and MAD of RM 28, 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.