Area Intelligence

KG JELATOK

4 properties

2023

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Median Price

RM 372,500

PSF: RM 66

Residential Market

Median Price

RM 372,500

IQR: RM 13

MAD: RM 8

RM 66 PSF 10.0%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

Single Storey Semi-D

8 properties

3,718,000 txns

Median Price

RM 445,500

+6.9% CAGR

Median PSF

RM 103.50

+2.3% CAGR

Single Storey Terraced

6 properties

1,882,000 txns

Median Price

RM 310,500

-4.7% CAGR

Median PSF

RM 155.00

-5.0% CAGR

Property Type	Properties	Transactions	Median Price	Price CAGR	Median PSF	PSF CAGR
Single Storey Semi-D	8	3,718,000	RM 445,500 ±43K MAD	+6.85%	RM 103.50 ±4 MAD	+2.30%
Single Storey Terraced	6	1,882,000	RM 310,500 ±8K MAD	-4.72%	RM 155.00 ±4 MAD	-5.03%

KG JELATOK in Tanah Merah, Kelantan recorded 4 subsale transactions in 2023, with a median price of RM 373K and a median price per square foot (PSF) of RM 66.

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 373K, with most transactions falling within a stable range of RM 250K to RM 582K, and a typical market range of RM 355K to RM 390K.

Most transactions involved detached, with minimal variety in property types.

The median PSF stands at RM 66, with core pricing between RM 53 and RM 79. Market pricing typically extends from RM 59.50 to RM 72.50, reflecting moderate variation in unit pricing. The spread of RM 13.00 (IQR) and deviation of RM 13 (MAD) suggest moderate price variations reflecting different property features.

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.