| Road | Price | PSF | Size | Date | Type |
|---|
|
Off Jalan T.merah / Jeli - (606)
|
RM 115,000
|
RM 32
|
3,627 sqft
|
|
|
Off Jalan T.merah-Jeli
|
RM 230,000
|
RM 60
|
3,821 sqft
|
|
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Pecahan Lot 2041 in Tanah Merah, Kelantan recorded 2 subsale transactions between 2021 and 2026, with a median price of RM 173K and a median price per square foot (PSF) of RM 60.
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 173K, with most transactions falling within a stable range of RM 115K to RM 230K, and a typical market range of RM 144K to RM 201K.
Most transactions involved 1 - 1 1/2 storey terraced, with minimal variety in property types.
Price per square foot shows a median of RM 60, though individual units vary from RM 46 to RM 74 in the core range. The broader market spans RM 53.19 to RM 67.19, indicating diverse property characteristics. The spread of RM 14.00 (IQR) and deviation of RM 14 (MAD) suggest moderate price variations reflecting different property features.
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.