| Road | Price | PSF | Size | Date | Type |
|---|
|
Taman Desa Arif - (54)
|
RM 110,000
|
RM 92
|
1,200 sqft
|
|
|
Jalan Machang - Kota Bharu
|
RM 300,000
|
RM 230
|
1,302 sqft
|
|
|
Jalan Machang - Kota Bharu
|
RM 365,000
|
RM 142
|
2,573 sqft
|
|
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Market Snapshot
ResidentialRM 300,000
RM 142 psfMedian transaction price
Taman Desa Arif, Machang, Kelantan
Taman Desa Arif in Machang, Kelantan recorded 3 subsale transactions in 2023, with a median price of RM 300K and a median price per square foot (PSF) of RM 142.
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 192K to RM 365K, and a typical market range of RM 208K to RM 365K.
Most transactions involved low-cost house, though some variety exists in the market.
Price per square foot shows a median of RM 142, though individual units vary from RM 85 to RM 199 in the core range. The broader market spans RM 96.38 to RM 187.38, indicating diverse property characteristics. A wider spread (IQR: RM 91.00) and deviation (MAD: RM 57) 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.