Residential Market
Median Price
RM 167,000
PSF Trends (2021-2025)
RAKR BATU 11 in Tanah Merah, Kelantan recorded 1 subsale transactions in 2022, with a median price of RM 167K and a median price per square foot (PSF) of RM 31.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat.
Most transactions involved detached, with minimal variety in property types.
For price per square foot, the median is RM 31, with most transactions between RM 31 and RM 31. The usual range is RM 25.75 to RM 36.25, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 10.50 and an average deviation (MAD) of RM 0 indicate a highly stable PSF trend across properties.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.
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Transactions
1 properties grouped by size
Road | Price | PSF | Size | Date |
---|---|---|---|---|
TIMUR BARAT HWY
|
RM 167,000
|
RM 31.00
|
5,350 sqft
|
Jul 2022
|