| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Machang Kota Bharu
|
RM 380,000
|
RM 80
|
4,758 sqft
|
|
|
Kampung Batu 25
|
RM 520,000
|
RM 85
|
6,125 sqft
|
|
|
Jalan Machang Kota Bharu
|
RM 500,000
|
RM 78
|
6,394 sqft
|
|
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Market Snapshot
ResidentialRM 500,000
RM 80 psfMedian transaction price
Mukim Dewan, Machang, Kelantan
Mukim Dewan in Machang, Kelantan recorded 3 subsale transactions in 2022, with a median price of RM 500K and a median price per square foot (PSF) of RM 80.
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 500K, with most transactions falling within a stable range of RM 438K to RM 520K, and a typical market range of RM 409K to RM 520K.
Most transactions involved detached, with minimal variety in property types.
For price per square foot, the median is RM 80, with most transactions between RM 77 and RM 83. The usual range is RM 66.87 to RM 92.87, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 26.00 and an average deviation (MAD) of RM 3 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.