KG LALANG LUAS

KG LALANG LUAS in Machang, Kelantan recorded 5 subsale transactions in 2023, with a median price of RM 345K and a median price per square foot (PSF) of RM 60.

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 345K, with most transactions falling within a stable range of RM 240K to RM 380K, and a typical market range of RM 323K to RM 368K.

Most transactions involved detached, with minimal variety in property types.

Price per square foot shows a median of RM 60, though individual units vary from RM 40 to RM 80 in the core range. The broader market spans RM 55.63 to RM 64.38, indicating diverse property characteristics. A wider spread (IQR: RM 8.75) and deviation (MAD: RM 20) indicate significant PSF variations, likely due to diverse property types or conditions.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.