| Road | Price | PSF | Size | Date | Type |
|---|
|
Off Jalan Ismail Petra
|
RM 160,000
|
RM 114
|
1,399 sqft
|
|
|
|
Jalan T.merah-Jedok
|
RM 180,000
|
RM 129
|
1,399 sqft
|
|
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Market Snapshot
ResidentialRM 170,000
RM 121 psfMedian transaction price
Taman Desa Utama, Tanah Merah, Kelantan
Taman Desa Utama in Tanah Merah, Kelantan recorded 2 Single Storey Terraced properties subsale transactions between 2021 and 2026, with a median price of RM 170K and a median price per square foot (PSF) of RM 121.
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 170K, with most transactions falling within a stable range of RM 160K to RM 180K, and a typical market range of RM 160K to RM 180K.
Within the Single Storey Terraced category, 1 - 1 1/2 storey terraced dominated the market, with moderate diversity in property types available.
For price per square foot, the median is RM 121, with most transactions between RM 114 and RM 129. The usual range is RM 48.11 to RM 194.87, showing that most units are priced quite close to each other. With an IQR of RM 146.75 and MAD of RM 7, the PSF demonstrates reasonable consistency across the market.
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.