Area Intelligence

MUKIM NIBONG

4 properties
Median Price
RM 230,000
PSF: RM 74

Residential Market

Median Price

RM 310,000

IQR: RM 35
MAD: RM 22
RM 50 PSF 39.3%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 88,000

RM 489 PSF

PSF Trends (2021-2025)

MUKIM NIBONG in Tanah Merah, Kelantan recorded 4 subsale transactions between 2021 and 2025, with a median price of RM 230K and a median price per square foot (PSF) of RM 74.

This area contains both residential and commercial properties. View 3 residential properties or 1 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 230K, with most transactions falling within a stable range of RM 140K to RM 320K, and a typical market range of RM 140K to RM 320K.

Most transactions involved detached, with high diversity across multiple property types.

Price per square foot shows a median of RM 74, though individual units vary from RM 39 to RM 108 in the core range. The broader market spans RM 0.00 to RM 148.75, indicating diverse property characteristics. A wider spread (IQR: RM 150.50) and deviation (MAD: RM 35) 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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MUKIM NIBONG, Tanah Merah, Kelantan

OSM

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Transactions

4 properties grouped by size

200 sqft 1 units Shop/Retail Lot
RM 88,000 PSF: RM 489
Price PSF Size Date
RM 88,000
RM 489.00
180 sqft
Dec 2021
1,550 sqft 1 units Single Storey Terraced
RM 150,000 PSF: RM 97
Road Price PSF Size Date
JLN BUKIT BUNGA
RM 150,000
RM 97.00
1,540 sqft
Jul 2024
6,550 sqft 1 units Detached
RM 330,000 PSF: RM 50
Road Price PSF Size Date
KG BUKIT NANGKA
RM 330,000
RM 50.00
6,555 sqft
Oct 2022
11,250 sqft 1 units Detached
RM 310,000 PSF: RM 28
Road Price PSF Size Date
JALAN JELI - TANAH MERAH
RM 310,000
RM 28.00
11,238 sqft
Jul 2023