MUKIM MAKA in Tanah Merah, Kelantan recorded 4 subsale transactions in 2024, with a median price of RM 440K and a median price per square foot (PSF) of RM 73.
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 440K, with most transactions falling within a stable range of RM 380K to RM 500K, and a typical market range of RM 383K to RM 498K.
Most transactions involved detached, with moderate diversity in property types available.
The median PSF stands at RM 73, with core pricing between RM 61 and RM 85. Market pricing typically extends from RM 62.50 to RM 83.50, reflecting moderate variation in unit pricing. The spread of RM 21.00 (IQR) and deviation of RM 12 (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.