KAMPUNG BUKIT GADING in Tanah Merah, Kelantan recorded 6 subsale transactions in 2023, with a median price of RM 315K and a median price per square foot (PSF) of RM 52.
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 315K, with most transactions falling within a stable range of RM 208K to RM 400K, and a typical market range of RM 261K to RM 369K.
Most transactions involved 1 - 1 1/2 storey terraced, with minimal variety in property types.
The median PSF stands at RM 52, with core pricing between RM 46 and RM 58. Market pricing typically extends from RM 28.75 to RM 75.25, reflecting moderate variation in unit pricing. With an IQR of RM 46.50 and MAD of RM 6, the PSF demonstrates reasonable consistency across the market.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.