|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2023 | |||||
|
Lebuh Raya Timur Barat
|
RM 300,000
|
RM 54
|
5,586 sqft
|
|
Bungalow |
| 2021 | |||||
|
Lebuh Raya Timur Barat
|
RM 295,000
|
RM 53
|
5,576 sqft
|
|
Bungalow |
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Kampung Bukit Hong, Tanah Merah, Kelantan
Kampung Bukit Hong in Tanah Merah, Kelantan recorded 2 subsale transactions between 2021 and 2026, with a median price of RM 298K and a median price per square foot (PSF) of RM 54.
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 298K, with most transactions falling within a stable range of RM 295K to RM 300K, and a typical market range of RM 296K to RM 299K.
Most transactions involved detached, with minimal variety in property types.
For price per square foot, the median is RM 54, with most transactions between RM 53 and RM 54. The usual range is RM 53.45 to RM 53.95, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 0.50 and an average deviation (MAD) of RM 1 indicate a highly stable PSF trend across properties.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.