| Road | Price | PSF | Size | Date | Type |
|---|
|
Off Jalan Machang - Pasir Puteh
|
RM280,000
|
RM55
|
5,113 sqft
|
|
|
Off Jalan Machang - Pasir Puteh
|
RM300,000
|
RM54
|
5,511 sqft
|
|
|
Off Jalan Banggol Judah
|
RM255,000
|
RM40
|
6,297 sqft
|
|
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Market Snapshot
ResidentialRM280,000
RM54 psfMedian transaction price
Kampung Wek in Machang, Kelantan recorded 3 subsale transactions in 2024, with a median price of RM280K and a median price per square foot (PSF) of RM54.
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 RM280K, with most transactions falling within a stable range of RM262K to RM298K, and a typical market range of RM265K to RM295K.
Most transactions involved detached, with minimal variety in property types.
The median PSF stands at RM54, with core pricing between RM48 and RM61. Market pricing typically extends from RM49.44 to RM59.44, reflecting moderate variation in unit pricing. With an IQR of RM10.00 and MAD of RM7, 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.