Residential Market
Median Price
RM 171,500
PSF Trends (2021-2025)
PEC LOT 1757 in Tanah Merah, Kelantan recorded 4 subsale transactions between 2021 and 2025, with a median price of RM 172K and a median price per square foot (PSF) of RM 99.
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 172K, with most transactions falling within a stable range of RM 124K to RM 219K, and a typical market range of RM 144K to RM 199K.
Most transactions involved 1 - 1 1/2 storey terraced, with moderate diversity in property types available.
The median PSF stands at RM 99, with core pricing between RM 83 and RM 116. Market pricing typically extends from RM 82.13 to RM 115.88, reflecting moderate variation in unit pricing. The spread of RM 33.75 (IQR) and deviation of RM 17 (MAD) suggest moderate price variations reflecting different property features.
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
4 properties found
Type
|
Road
|
Price
|
PSF
|
Area
|
Date
|
---|---|---|---|---|---|
Low-Cost House |
BATANG MERBAU
|
RM 168,000
|
RM 120.00
|
1,399 sqft
|
Dec 2024
|
Single Storey Terraced |
JLN T.MERAH / JELI - (125)
|
RM 80,000
|
RM 57.00
|
1,399 sqft
|
Nov 2024
|
Low-Cost House |
BATANG MERBAU
|
RM 280,000
|
RM 87.00
|
3,229 sqft
|
Oct 2023
|
Single Storey Terraced |
JLN T.MERAH / JELI - (125)
|
RM 175,000
|
RM 111.00
|
1,572 sqft
|
Aug 2022
|