Area Intelligence

TAMAN AZALEA 1

3 properties
Median Price
RM 285,000
PSF: RM 127

Residential Market

Median Price

RM 285,000

IQR: RM 3
MAD: RM 2
RM 127 PSF 3.1%

PSF Trends (2021-2025)

TAMAN AZALEA 1 in Tanah Merah, Kelantan recorded 3 subsale transactions between 2021 and 2025, with a median price of RM 285K and a median price per square foot (PSF) of RM 127.

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 285K, with most transactions falling within a stable range of RM 284K to RM 286K, and a typical market range of RM 285K to RM 286K.

Most transactions involved 1 - 1 1/2 storey terraced, with minimal variety in property types.

For price per square foot, the median is RM 127, with most transactions between RM 125 and RM 129. The usual range is RM 125.50 to RM 128.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 3.00 and an average deviation (MAD) of RM 2 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.

Area Location

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TAMAN AZALEA 1, Tanah Merah, Kelantan

OSM

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Transactions

3 properties grouped by size

2,150 sqft 1 units Single Storey Terraced
RM 284,000 PSF: RM 131
Road Price PSF Size Date
JALAN WAN AHMAD
RM 284,000
RM 131.00
2,174 sqft
Dec 2023
2,250 sqft 1 units Single Storey Terraced
RM 285,000 PSF: RM 127
Road Price PSF Size Date
JALAN PASIR MAS- TNH MERH
RM 285,000
RM 127.00
2,250 sqft
Oct 2023
2,300 sqft 1 units Single Storey Terraced
RM 286,000 PSF: RM 125
Road Price PSF Size Date
JALAN WAN AHMAD
RM 286,000
RM 125.00
2,293 sqft
Feb 2024