KAMPUNG CHAT RIMAU in Tanah Merah, Kelantan recorded 7 subsale transactions in 2024, with a median price of RM 350K and a median price per square foot (PSF) of RM 65.
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 350K, with most transactions falling within a stable range of RM 314K to RM 386K, and a typical market range of RM 310K to RM 390K.
Most transactions involved detached, with minimal variety in property types.
The median PSF stands at RM 65, with core pricing between RM 55 and RM 75. Market pricing typically extends from RM 57.50 to RM 72.50, reflecting moderate variation in unit pricing. The spread of RM 15.00 (IQR) and deviation of RM 10 (MAD) suggest moderate price variations reflecting different property features.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.