MUKIM LABOK

MUKIM LABOK in Machang, Kelantan recorded 8 subsale transactions in 2022, with a median price of RM 285K and a median price per square foot (PSF) of RM 58.

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 285K, with most transactions falling within a stable range of RM 190K to RM 380K, and a typical market range of RM 250K to RM 320K.

Most transactions involved detached, though some variety exists in the market.

Price per square foot shows a median of RM 58, though individual units vary from RM 14 to RM 102 in the core range. The broader market spans RM 53.00 to RM 63.00, indicating diverse property characteristics. A wider spread (IQR: RM 10.00) and deviation (MAD: RM 44) 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.