| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Baru Wakaf Bharu
|
RM 375,000
|
RM 97
|
3,853 sqft
|
|
|
Off Jalan Palekbang
|
RM 500,000
|
RM 76
|
6,566 sqft
|
|
|
Kampung Semat Jal, Off Jalan Palekbang
|
RM 700,000
|
RM 96
|
7,276 sqft
|
|
|
Kampung Pauh, Jalan Baru Wakaf Bharu
|
RM 500,000
|
RM 63
|
7,890 sqft
|
|
|
Kampung Mesira, Jalan Baru Wakaf Bharu
|
RM 530,000
|
RM 58
|
9,063 sqft
|
|
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Market Snapshot
ResidentialRM 500,000
RM 76 psfMedian transaction price
Kampung Palekbang, Tumpat, Kelantan
Kampung Palekbang in Tumpat, Kelantan recorded 5 subsale transactions between 2021 and 2026, with a median price of RM 500K and a median price per square foot (PSF) of RM 76.
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 500K, with most transactions falling within a stable range of RM 396K to RM 604K, and a typical market range of RM 485K to RM 515K.
Most transactions involved detached, with minimal variety in property types.
Price per square foot shows a median of RM 76, though individual units vary from RM 60 to RM 92 in the core range. The broader market spans RM 59.65 to RM 92.65, indicating diverse property characteristics. The spread of RM 33.00 (IQR) and deviation of RM 16 (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. 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.