| Road | Price | PSF | Size | Date | Type |
|---|
|
Batang Merbau
|
RM 168,000
|
RM 120
|
1,399 sqft
|
|
LC House |
|
Jalan T.merah / Jeli - (125)
|
RM 80,000
|
RM 57
|
1,399 sqft
|
|
Terrace |
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Pec Lot 1757, Tanah Merah, Kelantan
Pec Lot 1757 in Tanah Merah, Kelantan recorded 2 subsale transactions between 2021 and 2026, with a median price of RM 124K and a median price per square foot (PSF) of RM 89.
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 124K, with most transactions falling within a stable range of RM 80K to RM 168K, and a typical market range of RM 96K to RM 152K.
Most transactions involved 1 - 1 1/2 storey terraced, with moderate diversity in property types available.
Price per square foot shows a median of RM 89, though individual units vary from RM 57 to RM 120 in the core range. The broader market spans RM 71.75 to RM 105.50, indicating diverse property characteristics. A wider spread (IQR: RM 33.75) and deviation (MAD: RM 31) 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.