| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Machang-Kota Bahru
|
RM 200,000
|
RM 182
|
1,098 sqft
|
|
|
Jalan Machang - Kota Bharu
|
RM 300,000
|
RM 230
|
1,302 sqft
|
|
|
|
Jalan Machang - Kota Bharu
|
RM 300,000
|
RM 230
|
1,302 sqft
|
|
|
Jalan Machang - Kota Bharu
|
RM 365,000
|
RM 142
|
2,562 sqft
|
|
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Market Snapshot
ResidentialRM 300,000
RM 206 psfMedian transaction price
Taman Desa Arif, Machang, Kelantan
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 241K to RM 359K, and a typical market range of RM 208K to RM 365K.
Most transactions involved low-cost house, though some variety exists in the market.
The median PSF stands at RM 206, with core pricing between RM 169 and RM 243. Market pricing typically extends from RM 160.75 to RM 251.75, reflecting moderate variation in unit pricing. The spread of RM 91.00 (IQR) and deviation of RM 37 (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.