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Market Snapshot
ResidentialRM 220,000
RM 478 psfMedian transaction price
D'PERDANA SRI CEMERLANG, Wakaf Mek Zainab, Bandar Kota Bharu, 15300, Kota Bahru, Kelantan, Malaysia
D'perdana Sri Cemerlang in Kota Bahru, Kelantan recorded 3 subsale transactions in 2022, with a median price of RM 220K and a median price per square foot (PSF) of RM 478.
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 220K, with most transactions falling within a stable range of RM 198K to RM 246K, and a typical market range of RM 198K to RM 247K.
Most transactions involved condominium/apartment, with minimal variety in property types.
For price per square foot, the median is RM 478, with most transactions between RM 443 and RM 513. The usual range is RM 419.34 to RM 536.34, showing that most units are priced quite close to each other. With an IQR of RM 117.00 and MAD of RM 35, 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.