Tanah Merah
commercial Transaction Prices
Tanah Merah is one of the many cities located in Kelantan, Malaysia. The median transacted price for the city of Tanah Merah is RM 650,000 with a median transacted price of RM 387.10 per sq. ft.
Property transactions snapshot
Data shown is based on the latest 12-month available period
Median price
RM 650,000
-27.78% YoY
Lower: RM 422,500
Upper: RM 650,000
Median price per sq.ft. (psf)
RM 387.10
-39.81% YoY
Lower: RM 280.07
Upper: RM 428.32
How was this calculated?
- The Lower (25th percentile), where 25% of properties sell for a lower price.
- The Median (50th percentile), which represents the middle price point. At this point, half of the properties sell for more and half for less.
- The Upper (75th percentile), where 75% of properties sell for a lower price.
Capital growth (Year-over-Year) is another important concept. It refers to the percentage change in the median price from one year to the next.
Tanah Merah Median Price Psf
Tanah Merah Property Transactions: Areas, Projects, and Buildings
3 Results (5 Transactions)
| Project/township/building | Tenure | Type | Median price | Median PSF | Transaction |
|---|---|---|---|---|---|
TAMAN KOTA HARMONI Tanah Merah, Kelantan | Freehold | Shop | RM 650,000 | RM 392 | 3 |
JALAN JEDOK Tanah Merah, Kelantan | Freehold | Shop | RM 365,000 | RM 261 | 1 |
PEC LOT 2573 Tanah Merah, Kelantan | Freehold | Shop | RM 480,000 | RM 299 | 1 |
TAMAN KOTA HARMONI
Tanah Merah, Kelantan
JALAN JEDOK
Tanah Merah, Kelantan
PEC LOT 2573
Tanah Merah, Kelantan
Frequently Asked Questions
What factors affect commercial property prices in Tanah Merah, Kelantan?
Commercial property prices in Tanah Merah, Kelantan are affected by demand, interest rates, economic conditions, local government policies, and development in the area.
Will commercial property prices fluctuate in Tanah Merah, Kelantan?
Yes, prices can fluctuate depending on market conditions, economic factors, and demand in Tanah Merah, Kelantan.
How have commercial property prices changed recently in Tanah Merah, Kelantan?
In the past 12 months, commercial property prices in Tanah Merah, Kelantan have decreased by -27.78% YoY.
What is the median price for commercial property in Tanah Merah, Kelantan?
The median price for commercial property in Tanah Merah, Kelantan is RM 650,000.
Data Source & Disclaimer:
The transaction data provided on PropertyGenie.com.my is intended for general informational purposes only. It is sourced from the National Property Information Centre (NAPIC) and represents historical subsale property transaction prices. While we strive to ensure the data's accuracy, completeness, and reliability, PropertyGenie.com.my makes no warranties or representations as to the data's current accuracy or completeness. The information constitutes "Third Party Content" under our Website Terms. Users are advised to use this data at their own risk and consider seeking professional advice for property decisions. We disclaim liability for any errors, omissions, or inaccuracies and any loss or damage arising from reliance on this information. PropertyGenie.com.my reserves the right to update or amend the data without notice.