Mukim Labok

Labok, Kelantan, Malaysia

Property Transactions

2 subsales grouped by size · Bungalow →

Median
RM 307,500
PSF
RM 55
Price Size
Period
transactions middle 50% (P25–P75)
5,500 sqft
Bungalow
RM 350,000
Kampung Batu 23
5,479 sqft · RM 64 PSF
5,650 sqft
Bungalow
RM 265,000
Kampung Pengkalan Jetah
5,673 sqft · RM 47 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM 307,500

RM 55 psf

Median transaction price

Mukim Labok in Machang, Kelantan recorded 2 subsale transactions in 2021, with a median price of RM 308K 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 308K, with most transactions falling within a stable range of RM 265K to RM 350K, and a typical market range of RM 268K to RM 347K.

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

The median PSF stands at RM 55, with core pricing between RM 47 and RM 64. Market pricing typically extends from RM 48.43 to RM 62.18, reflecting moderate variation in unit pricing. The spread of RM 13.75 (IQR) and deviation of RM 9 (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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.