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Market Snapshot
ResidentialRM 380,000
RM 76 psfMedian transaction price
Mukim Dewan, Machang, Kelantan
Mukim Dewan in Machang, Kelantan recorded 0 subsale transactions in 2021, with a median price of RM 380K and a median price per square foot (PSF) of RM 76.
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 380K, with most transactions falling within a stable range of RM 280K to RM 480K, and a typical market range of RM 289K to RM 471K.
Most transactions involved detached, with minimal variety in property types.
The median PSF stands at RM 76, with core pricing between RM 67 and RM 85. Market pricing typically extends from RM 63.00 to RM 89.00, reflecting moderate variation in unit pricing. With an IQR of RM 26.00 and MAD of RM 9, the PSF demonstrates reasonable consistency across the market.
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.