TAMAN NIBONG AZ ZAHRA FASA 1

TAMAN NIBONG AZ ZAHRA FASA 1 in Tanah Merah, Kelantan recorded 12 subsale transactions in 2024, with a median price of RM 153K and a median price per square foot (PSF) of RM 97.

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 153K, with most transactions falling within a stable range of RM 150K to RM 163K, and a typical market range of RM 150K to RM 162K.

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

Price per square foot shows a median of RM 97, though individual units vary from RM 73 to RM 121 in the core range. The broader market spans RM 73.50 to RM 120.50, indicating diverse property characteristics. The spread of RM 47.00 (IQR) and deviation of RM 24 (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.