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Market Snapshot
ResidentialRM 385,000
RM 80 psfMedian transaction price
Mukim Maka, Tanah Merah, Kelantan
Mukim Maka in Tanah Merah, Kelantan recorded 0 subsale transactions in 2021, with a median price of RM 385K and a median price per square foot (PSF) of RM 80.
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 385K, with most transactions falling within a stable range of RM 330K to RM 440K, and a typical market range of RM 334K to RM 436K.
Most transactions involved detached, with moderate diversity in property types available.
The median PSF stands at RM 80, with core pricing between RM 64 and RM 95. Market pricing typically extends from RM 68.13 to RM 90.88, reflecting moderate variation in unit pricing. The spread of RM 22.75 (IQR) and deviation of RM 16 (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.