TAMAN DESA ARIF in Machang, Kelantan recorded 4 subsale transactions in 2022, with a median price of RM 300K and a median price per square foot (PSF) of RM 206.
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 300K, with most transactions falling within a stable range of RM 205K to RM 395K, and a typical market range of RM 216K to RM 384K.
Most transactions involved low-cost house, though some variety exists in the market.
Price per square foot shows a median of RM 206, though individual units vary from RM 161 to RM 252 in the core range. The broader market spans RM 162.00 to RM 250.00, indicating diverse property characteristics. The spread of RM 88.00 (IQR) and deviation of RM 46 (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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.
