| Road | Price | PSF | Size | Date | Type |
|---|
|
Off Jalan Pohon Tanjong
|
RM 270,000
|
RM 95
|
2,831 sqft
|
|
|
Off Jalan Palekbang
|
RM 390,000
|
RM 127
|
3,068 sqft
|
|
|
Off Jalan Palekbang
|
RM 360,000
|
RM 106
|
3,401 sqft
|
|
|
Off Jalan Morak / Palekbang
|
RM 420,000
|
RM 87
|
4,822 sqft
|
|
|
Off Jalan Wakaf Bharu-Palekbang
|
RM 350,000
|
RM 66
|
5,296 sqft
|
|
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Market Snapshot
ResidentialRM 360,000
RM 95 psfMedian transaction price
Kampung Palekbang, Tumpat, Kelantan
Kampung Palekbang in Tumpat, Kelantan recorded 5 subsale transactions in 2024, with a median price of RM 360K 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 360K, with most transactions falling within a stable range of RM 310K to RM 410K, and a typical market range of RM 340K to RM 380K.
Most transactions involved detached, though some variety exists in the market.
Price per square foot shows a median of RM 95, though individual units vary from RM 75 to RM 116 in the core range. The broader market spans RM 85.88 to RM 104.88, indicating diverse property characteristics. The spread of RM 19.00 (IQR) and deviation of RM 20 (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.