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PSF median price per sq ft · 12m its change over the past 12 months
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Market Snapshot
ResidentialRM330,000
RM56 psfMedian transaction price
MUKIM BAKAR, Kampong Pandan B, Bakar, KA1931, Machang, Kelantan, Malaysia
Mukim Bakar in Machang, Kelantan recorded 0 subsale transactions in 2023, with a median price of RM300K and a median price per square foot (PSF) of RM59.
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 RM300K, with most transactions falling within a stable range of RM220K to RM380K, and a typical market range of RM233K to RM368K.
Most transactions involved detached, though some variety exists in the market.
The median PSF stands at RM59, with core pricing between RM50 and RM68. Market pricing typically extends from RM48.50 to RM69.50, reflecting moderate variation in unit pricing. The spread of RM21.00 (IQR) and deviation of RM9 (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.