BAZAR TOK GURU

Area Intelligence

2024

Median Price

RM 64,000

PSF: RM 1,189

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Commercial PSF Trends

Median Price

RM 64,000

RM 1,189 PSF

BAZAR TOK GURU in Kota Bahru, Kelantan recorded 3 subsale transactions in 2024, with a median price of RM 64K and a median price per square foot (PSF) of RM 1,189.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 64K, with most transactions falling within a stable range of RM 63K to RM 72K, and a typical market range of RM 63K to RM 75K.

Most transactions involved shop unit/retail lot, with minimal variety in property types.

The median PSF stands at RM 1,189, with core pricing between RM 958 and RM 1,420. Market pricing typically extends from RM 966.50 to RM 1,411.50, reflecting moderate variation in unit pricing. The spread of RM 445.00 (IQR) and deviation of RM 231 (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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

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BAZAR TOK GURU, Kota Bahru, Kelantan

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