Residential Market
Median Price
RM 100,000
PSF Trends (2021-2025)
TMN SRI MAHIR in Tanah Merah, Kelantan recorded 2 subsale transactions in 2024, with a median price of RM 100K and a median price per square foot (PSF) of RM 84.
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 100K, with most transactions falling within a stable range of RM 50K to RM 150K, and a typical market range of RM 63K to RM 137K.
Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.
Price per square foot shows a median of RM 84, though individual units vary from RM 42 to RM 126 in the core range. The broader market spans RM 37.00 to RM 131.00, indicating diverse property characteristics. A wider spread (IQR: RM 94.00) and deviation (MAD: RM 42) indicate significant PSF variations, likely due to diverse property types or conditions.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.
Filter by type, year, price, and size
Transactions
2 properties grouped by size
Road | Price | PSF | Size | Date |
---|---|---|---|---|
JALAN LUBOK - (118)
|
RM 150,000
|
RM 126.00
|
1,195 sqft
|
Nov 2024
|
JALAN KLINIK
|
RM 50,000
|
RM 42.00
|
1,195 sqft
|
Jul 2024
|