| Road | Price | PSF | Size | Date | Type |
|---|
|
Kampung Padang Gerek
|
RM 300,000
|
RM 53
|
5,662 sqft
|
|
|
|
Off Jalan Machang - Pasir Puteh
|
RM 345,000
|
RM 61
|
5,673 sqft
|
|
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Market Snapshot
ResidentialRM 322,500
RM 57 psfMedian transaction price
Kampung Wek in Machang, Kelantan recorded 2 subsale transactions between 2021 and 2026, with a median price of RM 323K and a median price per square foot (PSF) of RM 57.
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 323K, with most transactions falling within a stable range of RM 300K to RM 345K, and a typical market range of RM 300K to RM 345K.
Most transactions involved detached, with minimal variety in property types.
For price per square foot, the median is RM 57, with most transactions between RM 53 and RM 61. The usual range is RM 55.00 to RM 59.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 4.00 and an average deviation (MAD) of RM 4 indicate a highly stable PSF trend across properties.
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.