Kelantan, Tanah Merah, Bandar Tanah Merah

MUKIM MAKA

Area Intelligence

2023

Median Price

RM 458,000

PSF: RM 352

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Residential PSF Trends

Median Price

RM 458,000

PSF: RM 352

MUKIM MAKA in Tanah Merah, Kelantan recorded 1 subsale transactions in 2023, priced between RM 300K and RM 500K, with a median price of RM 458K and a median price per square foot (PSF) of RM 352.

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

For price per square foot, the median is RM 352, with most transactions between RM 352 and RM 352. The usual range is RM 322.15 to RM 381.15, showing that most units are priced quite close to each other. With an IQR of RM 59.00 and MAD of RM 0, the PSF demonstrates reasonable consistency across the market.

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.

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MUKIM MAKA, Tanah Merah, Kelantan

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