TAMAN SRI REMAH in Tanah Merah, Kelantan recorded 1 subsale transactions in 2022, with a median price of RM 190K and a median price per square foot (PSF) of RM 158.
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 130K to RM 250K, and a typical market range of RM 153K to RM 228K.
Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.
The median PSF stands at RM 158, with core pricing between RM 129 and RM 187. Market pricing typically extends from RM 139.50 to RM 176.50, reflecting moderate variation in unit pricing. The spread of RM 37.00 (IQR) and deviation of RM 29 (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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.
