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PEC LOT 2573

Tanah Merah, Kelantan · Commercial · 6 recorded sales, Jun 2022 to Oct 2024

No sale recorded since Oct 20242 - 2 1/2 Storey Shop · 6
RM 176psf median, against main floor area · 6 priced sales
Not matched to a map location. NAPIC publishes no coordinates, so a project is placed by matching its name against OpenStreetMap; this one has no match yet. Every price on this page is unaffected.

The record

Middle half (25th–75th)
RM 176176 psf
Median price
RM 350,000
Price range
RM 350kRM 480k
Main floor area
1,9912,944 sq ft
Land area
1,6041,604 sq ft
Median price per sq ft of land
RM 218

Median of 6 sales that carry a usable area, out of 6 on record. Half the sales fell inside the middle-half band; half did not.

Land is published separately from main floor area and is the larger of the two here — a median of 1,604 sq ft against 1,991. Two houses can share a floor area and differ by half their land, so the price per square foot of the building is not by itself a comparison between them.

Liquidity

No recorded sale in the 12 months to Oct 2024. Last on record: 2 Oct 2024.

Counted against the newest sale in the corpus, not against today: NAPIC runs about three months in arrears, so a window ending today would quietly be a nine-month window and read low.

20225 · RM 176 psf
20241 · RM 213 psf

Quarterly medians · not a price trend

1711952182022 Q2 — RM 176 psf, 5 sales2024 Q4 — RM 213 psf, 1 sale
2022 Q22024 Q4
5+ sales in the quarterfewer — plotted, never joinedNo run of 3 quarters is dense enough to draw a line through.

Each point is the median psf of what sold that quarter, so it moves with the mix as much as with price — a quarter in which the larger units happened to change hands reads low per square foot without anything having got cheaper. A line is drawn only along a run of three or more consecutive quarters that each carry five or more sales — two points are a difference, not a direction.

There is no mix-adjusted series for commercial in Kelantan long or clean enough to state a direction, so this page states none.

Distribution · 6 priced sales

RM 125–131 psf — 1 saleRM 131–137 psf — 0 salesRM 137–143 psf — 0 salesRM 143–149 psf — 0 salesRM 149–155 psf — 0 salesRM 155–161 psf — 0 salesRM 161–167 psf — 0 salesRM 167–173 psf — 0 salesRM 173–179 psf — 4 salesRM 179–185 psf — 0 salesRM 185–191 psf — 0 salesRM 191–198 psf — 0 salesRM 198–204 psf — 0 salesRM 204–210 psf — 1 sale
RM 125RM 210 psf

Each bar counts sales in a RM 6 psf band, measured against main floor area. The axis is trimmed to the 2nd–98th percentile, so a handful of sales fall outside it; they are still counted in every figure above.

Most recent sales · 6 of 6

DateTypeArea (sq ft)PricepsfTenure
2 Oct 20242 - 2 1/2 Storey Shop2,250RM 480,000213Freehold
13 Jun 20222 - 2 1/2 Storey Shop2,944RM 350,000119Freehold
13 Jun 20222 - 2 1/2 Storey Shop1,991RM 350,000176Freehold
13 Jun 20222 - 2 1/2 Storey Shop1,991RM 350,000176Freehold
13 Jun 20222 - 2 1/2 Storey Shop1,991RM 350,000176Freehold
13 Jun 20222 - 2 1/2 Storey Shop1,991RM 350,000176Freehold

Others in Tanah Merah · commercial

Where these numbers come from

Every figure on this page is computed from registered transactions published by the National Property Information Centre (NAPIC), Valuation and Property Services Department (JPPH), Ministry of Finance Malaysia, as open data. These are completed sales, not asking prices, and not properties currently on the market.
Areas are as published: main floor area. Nothing here is a valuation.