Area Intelligence

PEC LOT 1757

4 properties
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Median Price
RM 171,500
PSF: RM 99

Residential Market

Median Price

RM 171,500

IQR: RM 34
MAD: RM 17
RM 99 PSF 10.7%

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.

Area Location

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PEC LOT 1757, Tanah Merah, Kelantan

OSM

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Transactions

4 properties grouped by size

1,400 sqft 2 units
RM 80,000 - 168,000 PSF: RM 89
Road Type Price PSF Size Date
BATANG MERBAU
Low-Cost House
RM 168,000
RM 120.00
1,399 sqft
Dec 2024
JLN T.MERAH / JELI - (125)
Single Storey Terraced
RM 80,000
RM 57.00
1,399 sqft
Nov 2024
1,550 sqft 1 units Single Storey Terraced
RM 175,000 PSF: RM 111
Road Price PSF Size Date
JLN T.MERAH / JELI - (125)
RM 175,000
RM 111.00
1,572 sqft
Aug 2022
3,250 sqft 1 units Low-Cost House
RM 280,000 PSF: RM 87
Road Price PSF Size Date
BATANG MERBAU
RM 280,000
RM 87.00
3,229 sqft
Oct 2023