| Road | Price | PSF | Size | Date | Type |
|---|
|
Rakr Batu 11
|
RM80,000
|
RM17
|
4,650 sqft
|
|
Selling in Rakr Batu 11? Homes here sold for a median of RM65,000.
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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 2 subsale transactions in 2023, with a median price of RM65K and a median price per square foot (PSF) of RM14.
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 RM65K, with most transactions falling within a stable range of RM50K to RM80K, and a typical market range of RM50K to RM80K.
Most transactions involved detached, with minimal variety in property types.
Price per square foot shows a median of RM14, though individual units vary from RM10 to RM17 in the core range. The broader market spans RM8.56 to RM19.06, indicating diverse property characteristics. The spread of RM10.50 (IQR) and deviation of RM3 (MAD) suggest moderate price variations reflecting different property features.
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.