Area Intelligence

KG PALEKBANG

5 properties
2024
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Median Price
RM 360,000
PSF: RM 95

Residential Market

Median Price

RM 360,000

IQR: RM 23
MAD: RM 12
RM 95 PSF 6.7%

PSF Trends (2021-2025)

KG 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 115 in the core range. The broader market spans RM 83.00 to RM 107.00, indicating diverse property characteristics. The spread of RM 24.00 (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.

Area Location

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KG PALEKBANG, Tumpat, Kelantan

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Transactions

5 properties found

Detached
OFF JLN MORAK / PALEKBANG
RM 420,000
PSF: RM 87.00
Area: 4,822 sqft
Date: Aug 2024
Single Storey Semi-D
OFF JALAN POHON TANJONG
RM 270,000
PSF: RM 95.00
Area: 2,831 sqft
Date: Jun 2024
Single Storey Semi-D
OFF JALAN PALEKBANG
RM 390,000
PSF: RM 127.00
Area: 3,068 sqft
Date: Apr 2024
Single Storey Semi-D
OFF JALAN PALEKBANG
RM 360,000
PSF: RM 106.00
Area: 3,401 sqft
Date: Jan 2024
Detached
OFF JALAN WAKAF BHARU-PALEKBANG
RM 350,000
PSF: RM 66.00
Area: 5,296 sqft
Date: Jan 2024

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