Property Type
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Mukim Nibong, Tanah Merah, Kelantan
Mukim Nibong in Tanah Merah, Kelantan recorded 1 subsale transactions in 2021, with a median price of RM 88K and a median price per square foot (PSF) of RM 489.
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 489, with most transactions between RM 489 and RM 489. The usual range is RM 465.47 to RM 512.47, 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.
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.