KAMPUNG PALOH

Area Intelligence

2024

Median Price

RM 305,000

PSF: RM 118

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Residential PSF Trends

Median Price

RM 305,000

PSF: RM 118

KAMPUNG PALOH in Tanah Merah, Kelantan recorded 2 subsale transactions in 2024, with a median price of RM 305K and a median price per square foot (PSF) of RM 118.

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 305K, with most transactions falling within a stable range of RM 230K to RM 380K, and a typical market range of RM 230K to RM 380K.

Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.

Price per square foot shows a median of RM 118, though individual units vary from RM 61 to RM 174 in the core range. The broader market spans RM 69.50 to RM 165.50, indicating diverse property characteristics. A wider spread (IQR: RM 96.00) and deviation (MAD: RM 57) 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.

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KAMPUNG PALOH, Tanah Merah, Kelantan

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