Residential Market
Median Price
RM 250,000
PSF Trends (2021-2025)
BATANG MERBAU in Tanah Merah, Kelantan recorded 3 subsale transactions between 2021 and 2025, with a median price of RM 250K and a median price per square foot (PSF) of RM 63.
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 250K, with most transactions falling within a stable range of RM 184K to RM 316K, and a typical market range of RM 206K to RM 294K.
Most transactions involved detached, though some variety exists in the market.
For price per square foot, the median is RM 63, with most transactions between RM 62 and RM 64. The usual range is RM 46.75 to RM 79.25, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 32.50 and an average deviation (MAD) of RM 1 indicate a highly stable PSF trend across properties.
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.
Filter by type, year, price, and size
Transactions
3 properties grouped by size
Road | Price | PSF | Size | Date |
---|---|---|---|---|
BTG MEREBAU
|
RM 184,000
|
RM 127.00
|
1,453 sqft
|
Jul 2023
|
Road | Price | PSF | Size | Date |
---|---|---|---|---|
JLN T.MERAH/JELI-(802)
|
RM 250,000
|
RM 62.00
|
4,026 sqft
|
Jun 2024
|
Road | Price | PSF | Size | Date |
---|---|---|---|---|
KG.BTG MERBAU - (599)
|
RM 360,000
|
RM 63.00
|
5,726 sqft
|
Oct 2022
|