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Market Snapshot
ResidentialRM 498,000
RM 129 psfMedian transaction price
Batu Mengkebang, Kelantan, Malaysia
MapsMiragreen Residences in Kuala Krai, Kelantan recorded 0 subsale transactions in 2021, with a median price of RM 365K and a median price per square foot (PSF) of RM 96.
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 365K, with most transactions falling within a stable range of RM 293K to RM 438K, and a typical market range of RM 282K to RM 448K.
Most transactions involved 1 - 1 1/2 storey semi-detached, with high diversity across multiple property types.
Price per square foot shows a median of RM 96, though individual units vary from RM 67 to RM 124 in the core range. The broader market spans RM 41.63 to RM 149.38, indicating diverse property characteristics. A wider spread (IQR: RM 107.75) and deviation (MAD: RM 29) indicate significant PSF variations, likely due to diverse property types or conditions.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.