Kampung Banggol Jenerih in Tanah Merah, Kelantan recorded 2 subsale transactions in 2024, with a median price of RM410K and a median price per square foot (PSF) of RM55.

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 RM410K, with most transactions falling within a stable range of RM369K to RM450K, and a typical market range of RM399K to RM420K.

Most transactions involved detached, with minimal variety in property types.

Price per square foot shows a median of RM55, though individual units vary from RM41 to RM70 in the core range. The broader market spans RM53.13 to RM57.13, indicating diverse property characteristics. A wider spread (IQR: RM4.00) and deviation (MAD: RM15) indicate significant PSF variations, likely due to diverse property types or conditions.

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.