Residential Market
Median Price
RM 172,500
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Single Storey Terraced
46 properties
Median Price
RM 400,000
+1.3% CAGR
Median PSF
RM 229.00
+1.3% CAGR
Double Storey Terraced
19 properties
Median Price
RM 600,000
+7.3% CAGR
Median PSF
RM 375.00
+19.6% CAGR
3-Storey Storey Shop
15 properties
Median Price
RM 692,500
+7.4% CAGR
Median PSF
RM 403.50
+7.5% CAGR
4-Storey Storey Shop
12 properties
Median Price
RM 780,000
+21.6% CAGR
Median PSF
RM 436.50
+20.5% CAGR
Office Lot
9 properties
Median Price
RM 167,500
+29.8% CAGR
Median PSF
RM 171.25
+5.3% CAGR
Double Storey Shop
8 properties
Median Price
RM 700,000
-4.7% CAGR
Median PSF
RM 343.00
+6.2% CAGR
Shop/Retail Lot
7 properties
Median Price
RM 385,000
+29.9% CAGR
Median PSF
RM 291.00
+46.6% CAGR
Terraced Factory
6 properties
Median Price
RM 370,000
+17.3% CAGR
Median PSF
RM 185.00
+3.7% CAGR
Semi-D Factory
2 properties
Median Price
RM 4,250,000
Median PSF
RM 216.00
Single Storey Shop
1 properties
Median Price
RM 360,000
Median PSF
RM 225.00
5-Storey Storey Shop
1 properties
Median Price
RM 2,480,000
Median PSF
RM 632.00
Detached
1 properties
Median Price
RM 600,000
Median PSF
RM 128.00
Detached Factory
1 properties
Median Price
RM 20,500,000
Median PSF
RM 162.00
| Property Type | Properties | Transactions | Median Price | Price CAGR | Median PSF | PSF CAGR | |
|---|---|---|---|---|---|---|---|
| Single Storey Terraced | 46 | 18,863,000 |
RM 400,000
±3K MAD
|
+1.29% |
RM 229.00
±12 MAD
|
+1.29% | |
| Double Storey Terraced | 19 | 10,985,000 |
RM 600,000
±73K MAD
|
+7.33% |
RM 375.00
±68 MAD
|
+19.58% | |
| 3-Storey Storey Shop | 15 | 11,335,000 |
RM 692,500
±53K MAD
|
+7.36% |
RM 403.50
±7 MAD
|
+7.47% | |
| 4-Storey Storey Shop | 12 | 9,005,000 |
RM 780,000
±40K MAD
|
+21.60% |
RM 436.50
±2 MAD
|
+20.50% | |
| Office Lot | 9 | 1,695,000 |
RM 167,500
±20K MAD
|
+29.81% |
RM 171.25
±39 MAD
|
+5.31% | |
| Double Storey Shop | 8 | 6,465,000 |
RM 700,000
±130K MAD
|
-4.66% |
RM 343.00
±54 MAD
|
+6.23% | |
| Shop/Retail Lot | 7 | 2,475,000 |
RM 385,000
±50K MAD
|
+29.85% |
RM 291.00
±55 MAD
|
+46.61% | |
| Terraced Factory | 6 | 2,380,000 |
RM 370,000
±25K MAD
|
+17.34% |
RM 185.00
±1 MAD
|
+3.70% | |
| Semi-D Factory | 2 | 8,500,000 |
RM 4,250,000
|
- |
RM 216.00
|
- | |
| Single Storey Shop | 1 | 360,000 |
RM 360,000
|
- |
RM 225.00
|
- | |
| 5-Storey Storey Shop | 1 | 2,480,000 |
RM 2,480,000
|
- |
RM 632.00
|
- | |
| Detached | 1 | 600,000 |
RM 600,000
|
- |
RM 128.00
|
- | |
| Detached Factory | 1 | 20,500,000 |
RM 20,500,000
|
- |
RM 162.00
|
- |
PECAHAN LOT 2041 in Tanah Merah, Kelantan recorded 2 subsale transactions between 2021 and 2025, with a median price of RM 173K and a median price per square foot (PSF) of RM 46.
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 173K, with most transactions falling within a stable range of RM 115K to RM 230K, and a typical market range of RM 144K to RM 201K.
Most transactions involved 1 - 1 1/2 storey terraced, with minimal variety in property types.
Price per square foot shows a median of RM 46, though individual units vary from RM 32 to RM 60 in the core range. The broader market spans RM 39.00 to RM 53.00, indicating diverse property characteristics. A wider spread (IQR: RM 14.00) and deviation (MAD: RM 14) indicate significant PSF variations, likely due to diverse property types or conditions.
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
2 properties grouped by size
| Road | Price | PSF | Size | Date |
|---|---|---|---|---|
|
OFF JLN T.MERAH / JELI - (606)
|
RM 115,000
|
RM 32.00
|
3,627 sqft
|
Jan 2024
|
| Road | Price | PSF | Size | Date |
|---|---|---|---|---|
|
OFF JLN T.MERAH-JELI
|
RM 230,000
|
RM 60.00
|
3,821 sqft
|
Jan 2025
|