TAMAN MERBAU UTAMA

TAMAN MERBAU UTAMA in Pasir Puteh, Kelantan recorded 10 subsale transactions in 2023, with a median price of RM 205K and a median price per square foot (PSF) of RM 139.

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 205K, with most transactions falling within a stable range of RM 180K to RM 230K, and a typical market range of RM 196K to RM 214K.

Most transactions involved 1 - 1 1/2 storey terraced, with minimal variety in property types.

The median PSF stands at RM 139, with core pricing between RM 116 and RM 161. Market pricing typically extends from RM 127.00 to RM 150.00, reflecting moderate variation in unit pricing. The spread of RM 23.00 (IQR) and deviation of RM 22 (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.