MUKIM NIBONG

Area Intelligence
2023
Median Price
RM 310,000
PSF: RM 28

Residential PSF Trends

Median Price

RM 310,000

PSF: RM 28

Commercial PSF Trends

Median Price

RM 88,000

RM 489 PSF

MUKIM NIBONG in Tanah Merah, Kelantan recorded 1 subsale transactions in 2023, with a median price of RM 310K and a median price per square foot (PSF) of RM 28.

This area contains both residential and commercial properties. View 4 residential properties or 1 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat.

Most transactions involved detached, with high diversity across multiple property types.

For price per square foot, the median is RM 28, with most transactions between RM 28 and RM 28. The usual range is RM 4.50 to RM 51.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 47.00 and an average deviation (MAD) of RM 0 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

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MUKIM NIBONG, Tanah Merah, Kelantan

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