RAKR BATU 11 in Tanah Merah, Kelantan recorded 1 subsale transactions in 2022, with a median price of RM 167K and a median price per square foot (PSF) of RM 31.
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 167K, with most transactions falling within a stable range of RM 137K to RM 197K, and a typical market range of RM 138K to RM 196K.
Most transactions involved detached, with minimal variety in property types.
Price per square foot shows a median of RM 31, though individual units vary from RM 24 to RM 38 in the core range. The broader market spans RM 25.75 to RM 36.25, indicating diverse property characteristics. The spread of RM 10.50 (IQR) and deviation of RM 7 (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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.