Kelantan
Machang
Labok
MUKIM LABOK

MUKIM LABOK

Area Intelligence

2023

Median Price

RM 360,000

PSF: RM 89

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Residential PSF Trends

Median Price

RM 360,000

PSF: RM 89

MUKIM LABOK in Machang, Kelantan recorded 2 subsale transactions in 2023, with a median price of RM 360K and a median price per square foot (PSF) of RM 89.

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 360K, with most transactions falling within a stable range of RM 355K to RM 365K, and a typical market range of RM 355K to RM 365K.

Most transactions involved detached, though some variety exists in the market.

The median PSF stands at RM 89, with core pricing between RM 74 and RM 104. Market pricing typically extends from RM 84.13 to RM 93.88, reflecting moderate variation in unit pricing. The spread of RM 9.75 (IQR) and deviation of RM 15 (MAD) suggest moderate price variations reflecting different property features.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

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MUKIM LABOK, Machang, Kelantan

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