KAMPUNGSALAK

Area Intelligence

2023

Median Price

RM 252,000

PSF: RM 177

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Residential PSF Trends

Median Price

RM 252,000

PSF: RM 177

KAMPUNGSALAK in Tanah Merah, Kelantan recorded 3 subsale transactions in 2023, with a median price of RM 252K and a median price per square foot (PSF) of RM 177.

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 252K, with most transactions falling within a stable range of RM 248K to RM 258K, and a typical market range of RM 248K to RM 262K.

Most transactions involved 1 - 1 1/2 storey terraced, with minimal variety in property types.

For price per square foot, the median is RM 177, with most transactions between RM 174 and RM 180. The usual range is RM 151.25 to RM 202.75, showing that most units are priced quite close to each other. With an IQR of RM 51.50 and MAD of RM 3, the PSF demonstrates reasonable consistency across the market.

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.

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KAMPUNGSALAK, Tanah Merah, Kelantan

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