Residential Market
Median Price
RM 297,500
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Double Storey Terraced
2 properties
Median Price
RM 730,000
+4.7% CAGR
Median PSF
RM 560.50
+4.7% CAGR
Double Storey Shop
1 properties
Median Price
RM 920,000
Median PSF
RM 706.00
Low-Cost Flat
1 properties
Median Price
RM 150,000
Median PSF
RM 225.00
| Property Type | Properties | Transactions | Median Price | Price CAGR | Median PSF | PSF CAGR | |
|---|---|---|---|---|---|---|---|
| Double Storey Terraced | 2 | 1,460,000 |
RM 730,000
±50K MAD
|
+4.68% |
RM 560.50
±39 MAD
|
+4.69% | |
| Double Storey Shop | 1 | 920,000 |
RM 920,000
|
- |
RM 706.00
|
- | |
| Low-Cost Flat | 1 | 150,000 |
RM 150,000
|
- |
RM 225.00
|
- |
KG BUKIT HONG in Tanah Merah, Kelantan recorded 0 subsale transactions between 2021 and 2025, with a median price of RM 298K and a median price per square foot (PSF) of RM 54.
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 298K, with most transactions falling within a stable range of RM 295K to RM 300K, and a typical market range of RM 296K to RM 299K.
Most transactions involved detached, with minimal variety in property types.
For price per square foot, the median is RM 54, with most transactions between RM 53 and RM 54. The usual range is RM 53.25 to RM 53.75, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 0.50 and an average deviation (MAD) of RM 1 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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.