| Road | Price | PSF | Size | Date | Type |
|---|
|
Kampung Batu Lapan
|
RM 350,000
|
RM 176
|
1,991 sqft
|
|
|
Kampung Batu Lapan
|
RM 350,000
|
RM 119
|
2,949 sqft
|
|
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Pec Lot 2573, Tanah Merah, Kelantan
Pec Lot 2573 in Tanah Merah, Kelantan recorded 2 subsale transactions in 2022, with a median price of RM 350K and a median price per square foot (PSF) of RM 147.
This area consists exclusively of commercial properties, with no residential listings recorded.
Price remained flat, and PSF growth was PSF remained flat.
Most transactions involved 2 - 2 1/2 storey shop, with minimal variety in property types.
The median PSF stands at RM 147, with core pricing between RM 119 and RM 176. Market pricing typically extends from RM 147.22 to RM 147.22, reflecting moderate variation in unit pricing. The spread of RM 0.00 (IQR) and deviation of RM 29 (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.