| Road | Price | PSF | Size | Date | Type |
|---|
|
Kampung Bkt Belah
|
RM 160,000
|
RM 72
|
2,228 sqft
|
|
Semi-D |
|
Jalan Macahng-Kota Bharu
|
RM 76,000
|
RM 34
|
2,239 sqft
|
|
LC House |
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Market Snapshot
ResidentialRM 118,000
RM 53 psfMedian transaction price
Taman Desa Bakti, Machang, Kelantan
Taman Desa Bakti in Machang, Kelantan recorded 2 subsale transactions in 2022, with a median price of RM 118K and a median price per square foot (PSF) of RM 53.
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 118K, with most transactions falling within a stable range of RM 76K to RM 160K, and a typical market range of RM 76K to RM 160K.
Most transactions involved low-cost house, though some variety exists in the market.
Price per square foot shows a median of RM 53, though individual units vary from RM 34 to RM 72 in the core range. The broader market spans RM 33.63 to RM 72.13, indicating diverse property characteristics. A wider spread (IQR: RM 38.50) and deviation (MAD: RM 19) 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.