TMN DESA MELATI (PEC LOT 47 & 48)

TMN DESA MELATI (PEC LOT 47 & 48) in Kuala Krai, Kelantan recorded 2 subsale transactions in 2024, with a median price of RM 140K and a median price per square foot (PSF) of RM 131.

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 140K, with most transactions falling within a stable range of RM 120K to RM 160K, and a typical market range of RM 130K to RM 150K.

Most transactions involved low-cost house, with minimal variety in property types.

The median PSF stands at RM 131, with core pricing between RM 115 and RM 146. Market pricing typically extends from RM 122.75 to RM 138.25, reflecting moderate variation in unit pricing. With an IQR of RM 15.50 and MAD of RM 16, 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.