BANDAR TANAH MERAH

BANDAR TANAH MERAH in Tanah Merah, Kelantan recorded 1 subsale transactions in 2023, with a median price of RM 680K and a median price per square foot (PSF) of RM 324.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat.

Most transactions involved 2 - 2 1/2 storey shop, with moderate diversity in property types available.

For price per square foot, the median is RM 324, with most transactions between RM 324 and RM 324. The usual range is RM 237.75 to RM 410.25, showing that most units are priced quite close to each other. With an IQR of RM 172.50 and MAD of RM 0, the PSF demonstrates reasonable consistency across the market.

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.