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 423K, 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.
Price per square foot shows a median of RM 52, though individual units vary from RM 6 to RM 99 in the core range. The broader market spans RM 28.75 to RM 75.25, indicating diverse property characteristics. A wider spread (IQR: RM 46.50) 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.
