MUKIM JOH in Machang, Kelantan recorded 5 subsale transactions in 2024, with a median price of RM 299K and a median price per square foot (PSF) of RM 55.
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 299K, with most transactions falling within a stable range of RM 218K to RM 380K, and a typical market range of RM 129K to RM 469K.
Most transactions involved detached, though some variety exists in the market.
The median PSF stands at RM 55, with core pricing between RM 45 and RM 65. Market pricing typically extends from RM 46.00 to RM 64.00, reflecting moderate variation in unit pricing. The spread of RM 18.00 (IQR) and deviation of RM 10 (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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.
