PEC LOT 1757 in Tanah Merah, Kelantan recorded 1 subsale transactions in 2022, with a median price of RM 175K and a median price per square foot (PSF) of RM 111.
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 175K, with most transactions falling within a stable range of RM 128K to RM 223K, and a typical market range of RM 147K to RM 203K.
Most transactions involved low-cost house, with moderate diversity in property types available.
The median PSF stands at RM 111, with core pricing between RM 95 and RM 128. Market pricing typically extends from RM 94.13 to RM 127.88, reflecting moderate variation in unit pricing. With an IQR of RM 33.75 and MAD of RM 17, the PSF demonstrates reasonable consistency across the market.
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.