Residential Market
Median Price
RM 200,000
PSF Trends (2021-2025)
KG PALOH in Tanah Merah, Kelantan recorded 1 subsale transactions in 2023, with a median price of RM 200K and a median price per square foot (PSF) of RM 115.
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 1 - 1 1/2 storey terraced, though some variety exists in the market.
For price per square foot, the median is RM 115, with most transactions between RM 115 and RM 115. The usual range is RM 67.00 to RM 163.00, showing that most units are priced quite close to each other. With an IQR of RM 96.00 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.
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Transactions
1 properties found
Type
|
Road
|
Price
|
PSF
|
Area
|
Date
|
---|---|---|---|---|---|
Single Storey Terraced |
KG OFF JLN BUKIT PANAU-PALOH
|
RM 200,000
|
RM 115.00
|
1,744 sqft
|
Dec 2023
|