KAMPUNG SEMUT API in Kota Bahru, Kelantan recorded 2 subsale transactions in 2022, with a median price of RM 345K and a median price per square foot (PSF) of RM 74.
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 345K, with most transactions falling within a stable range of RM 325K to RM 365K, and a typical market range of RM 318K to RM 373K.
Most transactions involved detached, though some variety exists in the market.
The median PSF stands at RM 74, with core pricing between RM 65 and RM 83. Market pricing typically extends from RM 63.75 to RM 84.25, reflecting moderate variation in unit pricing. With an IQR of RM 20.50 and MAD of RM 9, the PSF demonstrates reasonable consistency across the market.
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.