MUKIM PASIR GENDA

MUKIM PASIR GENDA in Tanah Merah, Kelantan recorded 12 subsale transactions in 2023, with a median price of RM 288K and a median price per square foot (PSF) of RM 79.

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 288K, with most transactions falling within a stable range of RM 202K to RM 300K, and a typical market range of RM 241K to RM 300K.

Most transactions involved detached, with moderate diversity in property types available.

Price per square foot shows a median of RM 79, though individual units vary from RM 36 to RM 121 in the core range. The broader market spans RM 65.75 to RM 91.25, indicating diverse property characteristics. A wider spread (IQR: RM 25.50) and deviation (MAD: RM 43) 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.