KAMPUNG BUKIT GADING in Tanah Merah, Kelantan recorded 6 subsale transactions in 2024, with a median price of RM 366K and a median price per square foot (PSF) of RM 58.
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 366K, with most transactions falling within a stable range of RM 258K to RM 473K, and a typical market range of RM 312K to RM 419K.
Most transactions involved 1 - 1 1/2 storey terraced, with minimal variety in property types.
Price per square foot shows a median of RM 58, though individual units vary from RM 12 to RM 105 in the core range. The broader market spans RM 34.75 to RM 81.25, 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.
