MUKIM LABOK

MUKIM LABOK in Machang, Kelantan recorded 7 subsale transactions in 2024, with a median price of RM 335K and a median price per square foot (PSF) of RM 62.

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 335K, with most transactions falling within a stable range of RM 293K to RM 401K, and a typical market range of RM 300K to RM 370K.

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

For price per square foot, the median is RM 62, with most transactions between RM 56 and RM 68. The usual range is RM 57.00 to RM 67.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 10.00 and an average deviation (MAD) of RM 6 indicate a highly stable PSF trend across properties.

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.