| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Machang-Pasir Putih
|
RM 220,000
|
RM 68
|
3,218 sqft
|
|
|
Kampung Padang Gerek
|
RM 300,000
|
RM 50
|
5,996 sqft
|
|
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Market Snapshot
ResidentialRM 260,000
RM 59 psfMedian transaction price
MUKIM BAKAR, Kampong Pandan B, Bakar, KA1931, Machang, Kelantan, Malaysia
Mukim Bakar in Machang, Kelantan recorded 2 subsale transactions in 2024, with a median price of RM 260K and a median price per square foot (PSF) of RM 59.
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 260K, with most transactions falling within a stable range of RM 220K to RM 300K, and a typical market range of RM 220K to RM 300K.
Most transactions involved detached, though some variety exists in the market.
The median PSF stands at RM 59, with core pricing between RM 50 and RM 68. Market pricing typically extends from RM 48.70 to RM 69.70, reflecting moderate variation in unit pricing. The spread of RM 21.00 (IQR) and deviation of RM 9 (MAD) suggest moderate price variations reflecting different property features.
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.