KAMPUNG ALOR TAPAH in Tanah Merah, Kelantan recorded 2 subsale transactions in 2024, with a median price of RM 476K and a median price per square foot (PSF) of RM 69.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat.
Most transactions involved detached, with minimal variety in property types.
For price per square foot, the median is RM 69, with most transactions between RM 69 and RM 69. The usual range is RM 65.50 to RM 72.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 7.00 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.