TANAH MERAH

TANAH MERAH in Tanah Merah, Kelantan recorded 3 subsale transactions between 2021 and 2025, with a median price of RM 350K and a median price per square foot (PSF) of RM 69.

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 350K, with most transactions falling within a stable range of RM 290K to RM 410K, and a typical market range of RM 315K to RM 385K.

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

The median PSF stands at RM 69, with core pricing between RM 56 and RM 82. Market pricing typically extends from RM 61.75 to RM 76.25, reflecting moderate variation in unit pricing. The spread of RM 14.50 (IQR) and deviation of RM 13 (MAD) suggest moderate price variations reflecting different property features.

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.