| Road | Price | PSF | Size | Date | Type |
|---|
|
Off Jalan Ismail Petra
|
RM 160,000
|
RM 114
|
1,399 sqft
|
|
|
Taman Desa Utama
|
RM 380,000
|
RM 263
|
1,442 sqft
|
|
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Market Snapshot
ResidentialRM 270,000
RM 189 psfMedian transaction price
Taman Desa Utama, Tanah Merah, Kelantan
Taman Desa Utama in Tanah Merah, Kelantan recorded 2 subsale transactions between 2021 and 2026, with a median price of RM 270K and a median price per square foot (PSF) of RM 189.
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 270K, with most transactions falling within a stable range of RM 160K to RM 380K, and a typical market range of RM 168K to RM 373K.
Most transactions involved 1 - 1 1/2 storey terraced, with moderate diversity in property types available.
Price per square foot shows a median of RM 189, though individual units vary from RM 114 to RM 263 in the core range. The broader market spans RM 115.53 to RM 262.28, indicating diverse property characteristics. A wider spread (IQR: RM 146.75) and deviation (MAD: RM 75) 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.