Kampung Paloh

Kelantan, Tanah Merah, Pasir Genda

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Selling in Kampung Paloh? Homes here sold for a median of RM230,000.

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Market Snapshot

Residential

RM230,000

RM115 psf

Median transaction price

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Kampung Paloh, Tanah Merah, Kelantan

Kampung Paloh in Tanah Merah, Kelantan recorded 0 subsale transactions in 2021, with a median price of RM230K and a median price per square foot (PSF) of RM115.

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 RM230K, with most transactions falling within a stable range of RM200K to RM260K, and a typical market range of RM150K to RM310K.

Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.

Price per square foot shows a median of RM115, though individual units vary from RM61 to RM169 in the core range. The broader market spans RM67.00 to RM163.00, indicating diverse property characteristics. A wider spread (IQR: RM96.00) and deviation (MAD: RM54) indicate significant PSF variations, likely due to diverse property types or conditions.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.