| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Machang-Pasir Putih
|
RM300,000
|
RM107
|
2,799 sqft
|
|
|
Jalan Machang-Pasir Putih
|
RM550,000
|
RM103
|
5,328 sqft
|
|
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PSF median price per sq ft · 12m its change over the past 12 months
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Market Snapshot
ResidentialRM425,000
RM105 psfMedian transaction price
MUKIM BAKAR, Kampong Pandan B, Bakar, KA1931, Machang, Kelantan, Malaysia
Mukim Bakar in Machang, Kelantan recorded 2 subsale transactions in 2022, with a median price of RM425K and a median price per square foot (PSF) of RM105.
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 RM425K, with most transactions falling within a stable range of RM300K to RM550K, and a typical market range of RM358K to RM493K.
Most transactions involved detached, though some variety exists in the market.
For price per square foot, the median is RM105, with most transactions between RM103 and RM107. The usual range is RM94.71 to RM115.71, showing that most units are priced quite close to each other. A typical spread (IQR) of RM21.00 and an average deviation (MAD) of RM2 indicate a highly stable PSF trend across properties.
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.