MUKIM LABOK

MUKIM LABOK in Machang, Kelantan recorded 8 subsale transactions in 2023, with a median price of RM 358K and a median price per square foot (PSF) of RM 67.

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 358K, with most transactions falling within a stable range of RM 315K to RM 400K, and a typical market range of RM 323K to RM 393K.

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

Price per square foot shows a median of RM 67, though individual units vary from RM 30 to RM 103 in the core range. The broader market spans RM 61.50 to RM 71.50, indicating diverse property characteristics. A wider spread (IQR: RM 10.00) and deviation (MAD: RM 36) 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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.