| Road | Price | PSF | Size | Date | Type |
|---|
|
Off Jalan Pgkl Meleret / Wakaf
|
RM 400,000
|
RM 68
|
5,877 sqft
|
|
|
Jalan Machang - Tanah Merah
|
RM 350,000
|
RM 50
|
7,029 sqft
|
|
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KAMPUNG PANGKAL MELERET, Limau Hantu, 18500, Machang, Kelantan, Malaysia
Kampung Pangkal Meleret in Machang, Kelantan recorded 2 subsale transactions between 2021 and 2026, with a median price of RM 375K and a median price per square foot (PSF) of RM 59.
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 375K, with most transactions falling within a stable range of RM 350K to RM 400K, and a typical market range of RM 350K to RM 400K.
Most transactions involved detached, with minimal variety in property types.
The median PSF stands at RM 59, with core pricing between RM 50 and RM 68. Market pricing typically extends from RM 45.43 to RM 72.43, reflecting moderate variation in unit pricing. The spread of RM 27.00 (IQR) and deviation of RM 9 (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.