| Road | Price | PSF | Size | Date | Type |
|---|
|
Rakr Batu 11
|
RM80,000
|
RM17
|
4,650 sqft
|
|
|
Timur Barat Hwy
|
RM167,000
|
RM31
|
5,350 sqft
|
|
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PSF median price per sq ft · 12m its change over the past 12 months
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Rakr Batu 11 in Tanah Merah, Kelantan recorded 3 subsale transactions between 2021 and 2026, with a median price of RM80K and a median price per square foot (PSF) of RM17.
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 RM80K, with most transactions falling within a stable range of RM50K to RM110K, and a typical market range of RM51K to RM109K.
Most transactions involved detached, with minimal variety in property types.
Price per square foot shows a median of RM17, though individual units vary from RM10 to RM24 in the core range. The broader market spans RM11.95 to RM22.45, indicating diverse property characteristics. A wider spread (IQR: RM10.50) and deviation (MAD: RM7) indicate significant PSF variations, likely due to diverse property types or conditions.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.