| Road | Price | PSF | Size | Date | Type |
|---|
|
Kampung Pdg Bongor
|
RM 355,000
|
RM 70
|
5,070 sqft
|
|
|
Off Jalan T.merah/Pasir Mas
|
RM 250,000
|
RM 42
|
5,931 sqft
|
|
|
Jalan Pasir Mas
|
RM 390,000
|
RM 62
|
6,329 sqft
|
|
|
Kampung Jelatok
|
RM 800,000
|
RM 75
|
10,656 sqft
|
|
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Market Snapshot
ResidentialRM 372,500
RM 66 psfMedian transaction price
Kampung Jelatok, Tanah Merah, Kelantan
Kampung Jelatok in Tanah Merah, Kelantan recorded 4 subsale transactions in 2023, with a median price of RM 373K and a median price per square foot (PSF) of RM 66.
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 373K, with most transactions falling within a stable range of RM 250K to RM 582K, and a typical market range of RM 317K to RM 428K.
Most transactions involved detached, with minimal variety in property types.
The median PSF stands at RM 66, with core pricing between RM 53 and RM 78. Market pricing typically extends from RM 60.44 to RM 71.20, reflecting moderate variation in unit pricing. The spread of RM 10.75 (IQR) and deviation of RM 13 (MAD) suggest moderate price variations reflecting different property features.
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.