Kampung Merkang

Merkang, 16800, Pasir Puteh, Kelantan, Malaysia

Property Transactions

2 subsales grouped by size

Median
RM 380,000
PSF
RM 52
Price Size
Period
transactions middle 50% (P25–P75)
6,850 sqft
Bungalow
RM 470,000
Off Jalan Merkang/Kampung Nara
6,835 sqft · RM 69 PSF
8,100 sqft
Bungalow
RM 290,000
Off Jalan Merkang
8,105 sqft · RM 36 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM 380,000

RM 52 psf

Median transaction price

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KAMPUNG MERKANG, Merkang, 16800, Pasir Puteh, Kelantan, Malaysia

Kampung Merkang in Pasir Puteh, Kelantan recorded 2 subsale transactions in 2023, with a median price of RM 380K and a median price per square foot (PSF) of RM 52.

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 380K, with most transactions falling within a stable range of RM 290K to RM 470K, and a typical market range of RM 338K to RM 423K.

Most transactions involved detached, with minimal variety in property types.

Price per square foot shows a median of RM 52, though individual units vary from RM 36 to RM 69 in the core range. The broader market spans RM 48.77 to RM 55.77, indicating diverse property characteristics. A wider spread (IQR: RM 7.00) and deviation (MAD: RM 16) indicate significant PSF variations, likely due to diverse property types or conditions.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.