PEC LOT 700 in Tanah Merah, Kelantan recorded 0 subsale transactions in 2021, with a median price of RM 150K and a median price per square foot (PSF) of RM 126.
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 150K, with most transactions falling within a stable range of RM 120K to RM 180K, and a typical market range of RM 135K to RM 165K.
Most transactions involved 1 - 1 1/2 storey terraced, with minimal variety in property types.
Price per square foot shows a median of RM 126, though individual units vary from RM 100 to RM 151 in the core range. The broader market spans RM 112.75 to RM 138.25, indicating diverse property characteristics. The spread of RM 25.50 (IQR) and deviation of RM 26 (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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.
