BANDAR BARU MACHANG

BANDAR BARU MACHANG in Machang, Kelantan recorded 9 subsale transactions in 2024, with a median price of RM 650K and a median price per square foot (PSF) of RM 544.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 650K, with most transactions falling within a stable range of RM 573K to RM 730K, and a typical market range of RM 626K to RM 675K.

Most transactions involved 2 - 2 1/2 storey shop, with minimal variety in property types.

For price per square foot, the median is RM 544, with most transactions between RM 520 and RM 568. The usual range is RM 507.38 to RM 580.63, showing that most units are priced quite close to each other. With an IQR of RM 73.25 and MAD of RM 24, the PSF demonstrates reasonable consistency across the market.

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.