| Road | Price | PSF | Size | Date | Type |
|---|
|
Off Jalan Pohon Tanjong
|
RM 270,000
|
RM 95
|
2,831 sqft
|
|
|
Off Jalan Palekbang Pl 518
|
RM 390,000
|
RM 127
|
3,068 sqft
|
|
|
|
Off Jalan Palekbang
|
RM 390,000
|
RM 127
|
3,068 sqft
|
|
|
Off Palekbang/Tumpat
|
RM 375,000
|
RM 95
|
3,929 sqft
|
|
|
Off Jalan Morak / Palekbang
|
RM 420,000
|
RM 87
|
4,822 sqft
|
|
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Market Snapshot
ResidentialRM 390,000
RM 95 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 390K and a median price per square foot (PSF) of RM 95.
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 390K, with most transactions falling within a stable range of RM 338K to RM 420K, and a typical market range of RM 370K to RM 410K.
Most transactions involved detached, though some variety exists in the market.
The median PSF stands at RM 95, with core pricing between RM 78 and RM 113. Market pricing typically extends from RM 85.95 to RM 104.95, reflecting moderate variation in unit pricing. The spread of RM 19.00 (IQR) and deviation of RM 17 (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.