Area Intelligence

KG PALEKBANG

4 properties
Detached
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Median Price
RM 370,000
PSF: RM 77

Residential Market

Median Price

RM 370,000

IQR: RM 23
MAD: RM 12
RM 77 PSF 6.7%

PSF Trends (2021-2025)

KG PALEKBANG in Tumpat, Kelantan recorded 4 Detached properties subsale transactions between 2021 and 2025 for detached properties, with a median price of RM 370K and a median price per square foot (PSF) of RM 77.

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 370K, with most transactions falling within a stable range of RM 350K to RM 399K, and a typical market range of RM 350K to RM 390K.

Within the Detached category, detached dominated the market, though some variety exists in the market.

The median PSF stands at RM 77, with core pricing between RM 64 and RM 89. Market pricing typically extends from RM 64.50 to RM 88.50, reflecting moderate variation in unit pricing. The spread of RM 24.00 (IQR) and deviation of RM 13 (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

4 properties grouped by size

4,200 sqft 1 units Detached
RM 390,000 PSF: RM 93
Road Price PSF Size Date
OFF PALEKBANG/TUMPAT
RM 390,000
RM 93.00
4,187 sqft
Nov 2023
4,800 sqft 1 units Detached
RM 420,000 PSF: RM 87
Road Price PSF Size Date
OFF JLN MORAK / PALEKBANG
RM 420,000
RM 87.00
4,822 sqft
Aug 2024
5,300 sqft 1 units Detached
RM 350,000 PSF: RM 66
Road Price PSF Size Date
OFF JALAN WAKAF BHARU-PALEKBANG
RM 350,000
RM 66.00
5,296 sqft
Jan 2024
5,600 sqft 1 units Detached
RM 350,000 PSF: RM 63
Road Price PSF Size Date
OFF JALAN WAKAF BHARU-PALEKBANG
RM 350,000
RM 63.00
5,576 sqft
Jul 2021

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