| Road | Price | PSF | Size | Date | Type |
|---|
|
Rakr Batu 11
|
RM 80,000
|
RM 17
|
4,650 sqft
|
|
|
Rakr Batu11
|
RM 50,000
|
RM 10
|
4,797 sqft
|
|
|
Timur Barat Hwy
|
RM 167,000
|
RM 31
|
5,350 sqft
|
|
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Rakr Batu 11 in Tanah Merah, Kelantan recorded 3 subsale transactions between 2021 and 2026, with a median price of RM 80K and a median price per square foot (PSF) of RM 17.
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 80K, with most transactions falling within a stable range of RM 50K to RM 110K, and a typical market range of RM 51K to RM 109K.
Most transactions involved detached, with minimal variety in property types.
Price per square foot shows a median of RM 17, though individual units vary from RM 10 to RM 24 in the core range. The broader market spans RM 11.95 to RM 22.45, indicating diverse property characteristics. A wider spread (IQR: RM 10.50) and deviation (MAD: RM 7) 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.