KAMPUNG BANGGOL TOK AJAR in Tanah Merah, Kelantan recorded 0 subsale transactions in 2024, with a median price of RM 190K and a median price per square foot (PSF) of RM 136.
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 190K, with most transactions falling within a stable range of RM 110K to RM 270K, and a typical market range of RM 103K to RM 278K.
Most transactions involved low-cost house, with high diversity across multiple property types.
Price per square foot shows a median of RM 136, though individual units vary from RM 106 to RM 166 in the core range. The broader market spans RM 101.50 to RM 170.50, indicating diverse property characteristics. The spread of RM 69.00 (IQR) and deviation of RM 30 (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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.
