|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2025 | |||||
|
Kampung Hutan Panjang, Jalan Tanah Merah-Machang
|
RM 240,000
|
RM 172
|
1,399 sqft
|
|
Terrace |
|
Kampung Gelong Gajah
|
RM 400,000
|
RM 49
|
8,138 sqft
|
|
Bungalow |
| 2024 | |||||
|
Jalan Tanah Merah-Machang
|
RM 155,000
|
RM 111
|
1,399 sqft
|
|
Terrace |
| 2021 | |||||
|
Jalan Tanah Merah-Machang
|
RM 160,000
|
RM 114
|
1,399 sqft
|
|
Terrace |
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Kampung Hutan Panjang in Machang, Kelantan recorded 4 subsale transactions between 2021 and 2026, with a median price of RM 200K and a median price per square foot (PSF) of RM 114.
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 200K, with most transactions falling within a stable range of RM 158K to RM 243K, and a typical market range of RM 155K to RM 261K.
Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.
Price per square foot shows a median of RM 114, though individual units vary from RM 84 to RM 145 in the core range. The broader market spans RM 97.84 to RM 130.84, indicating diverse property characteristics. A wider spread (IQR: RM 33.00) and deviation (MAD: RM 31) indicate significant PSF variations, likely due to diverse property types or conditions.
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.