MUKIM ULU SAT in Machang, Kelantan recorded 2 subsale transactions in 2022, with a median price of RM 310K and a median price per square foot (PSF) of RM 114.
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 310K, with most transactions falling within a stable range of RM 295K to RM 325K, and a typical market range of RM 291K to RM 330K.
Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.
For price per square foot, the median is RM 114, with most transactions between RM 107 and RM 121. The usual range is RM 107.50 to RM 119.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 12.00 and an average deviation (MAD) of RM 7 indicate a highly stable PSF trend across properties.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.
