Area Intelligence

KG PALEKBANG

5 properties
2024
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Median Price
RM 360,000
PSF: RM 95

Residential Market

Median Price

RM 360,000

IQR: RM 23
MAD: RM 12
RM 95 PSF 6.7%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

KG PALEKBANG in Tumpat, Kelantan recorded 5 subsale transactions in 2024, with a median price of RM 360K and a median price per square foot (PSF) of RM 95.

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 360K, with most transactions falling within a stable range of RM 310K to RM 410K, and a typical market range of RM 340K to RM 380K.

Most transactions involved detached, though some variety exists in the market.

Price per square foot shows a median of RM 95, though individual units vary from RM 75 to RM 115 in the core range. The broader market spans RM 83.00 to RM 107.00, indicating diverse property characteristics. The spread of RM 24.00 (IQR) and deviation of RM 20 (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.

Area Location

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KG PALEKBANG, Tumpat, Kelantan

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Transactions

5 properties grouped by size

2,850 sqft
1 units Single Storey Semi-D
RM 270,000
OFF JALAN POHON TANJONG
2,831 sqft · RM 95.00 PSF
Jun 2024
3,050 sqft
1 units Single Storey Semi-D
RM 390,000
OFF JALAN PALEKBANG
3,068 sqft · RM 127.00 PSF
Apr 2024
3,400 sqft
1 units Single Storey Semi-D
RM 360,000
OFF JALAN PALEKBANG
3,401 sqft · RM 106.00 PSF
Jan 2024
4,800 sqft
1 units Detached
RM 420,000
OFF JLN MORAK / PALEKBANG
4,822 sqft · RM 87.00 PSF
Aug 2024
5,300 sqft
1 units Detached
RM 350,000
OFF JALAN WAKAF BHARU-PALEKBANG
5,296 sqft · RM 66.00 PSF
Jan 2024

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