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Market Snapshot
ResidentialRM 213,000
RM 142 psfMedian transaction price
Taman Gemilang, Jeli, Kelantan
Taman Gemilang in Jeli, Kelantan recorded 0 subsale transactions in 2023, with a median price of RM 213K and a median price per square foot (PSF) of RM 142.
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 213K, with most transactions falling within a stable range of RM 208K to RM 218K, and a typical market range of RM 211K to RM 216K.
Most transactions involved cluster house, with minimal variety in property types.
For price per square foot, the median is RM 142, with most transactions between RM 138 and RM 146. The usual range is RM 139.25 to RM 144.75, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 5.50 and an average deviation (MAD) of RM 4 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. 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.