Mukim Nibong in Tanah Merah, Kelantan recorded 2 Bungalow properties subsale transactions between 2021 and 2026, with a median price of RM320K and a median price per square foot (PSF) of RM39.

This area contains both residential and commercial properties. View 4 residential properties or 1 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM320K, with most transactions falling within a stable range of RM310K to RM330K, and a typical market range of RM310K to RM330K.

Within the Bungalow category, detached dominated the market, with high diversity across multiple property types.

Price per square foot shows a median of RM39, though individual units vary from RM28 to RM50 in the core range. The broader market spans RM15.46 to RM62.46, indicating diverse property characteristics. A wider spread (IQR: RM47.00) and deviation (MAD: RM11) 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.