| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Macahng-Kota Bharu
|
RM 300,000
|
RM 135
|
2,228 sqft
|
|
|
|
Labok
|
RM 210,000
|
RM 94
|
2,239 sqft
|
|
|
Jalan Machang-Kota Bharu
|
RM 160,000
|
RM 65
|
2,454 sqft
|
|
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Market Snapshot
ResidentialRM 210,000
RM 94 psfMedian transaction price
Taman Desa Bakti, Machang, Kelantan
Taman Desa Bakti in Machang, Kelantan recorded 3 subsale transactions in 2023, with a median price of RM 210K and a median price per square foot (PSF) of RM 94.
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 210K, with most transactions falling within a stable range of RM 160K to RM 268K, and a typical market range of RM 163K to RM 257K.
Most transactions involved low-cost house, though some variety exists in the market.
Price per square foot shows a median of RM 94, though individual units vary from RM 65 to RM 122 in the core range. The broader market spans RM 74.55 to RM 113.05, indicating diverse property characteristics. A wider spread (IQR: RM 38.50) and deviation (MAD: RM 29) 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.