MUKIM NIBONG

MUKIM NIBONG in Tanah Merah, Kelantan recorded 1 subsale transactions in 2023, with a median price of RM 310K and a median price per square foot (PSF) of RM 28.

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.

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

For price per square foot, the median is RM 28, with most transactions between RM 28 and RM 28. The usual range is RM 0.00 to RM 103.25, showing that most units are priced quite close to each other. With an IQR of RM 150.50 and MAD of RM 0, the PSF demonstrates reasonable consistency across the market.

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.