MUKIM NIBONG in Tanah Merah, Kelantan recorded 0 SOHO/SOFO/SOVO properties subsale transactions between 2021 and 2025 for soho/sofo/sovo properties, with a median price of RM 150K and a median price per square foot (PSF) of RM 97.
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. The median price is RM 150K, with most transactions falling within a stable range of RM 88K to RM 212K, and a typical market range of RM 70K to RM 230K.
Within the SOHO/SOFO/SOVO category, detached dominated the market, with high diversity across multiple property types.
Price per square foot shows a median of RM 97, though individual units vary from RM 50 to RM 144 in the core range. The broader market spans RM 73.50 to RM 120.50, indicating diverse property characteristics. A wider spread (IQR: RM 47.00) and deviation (MAD: RM 47) 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.
