|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2025 | |||||
|
Jalan Miel/Off Jalan Sultan Yahya Pe
|
RM 750,000
|
RM 79
|
9,515 sqft
|
|
Factory |
| 2021 | |||||
|
Jalan Miel/Off Jalan Sultan Yahya Pet
|
RM 900,000
|
RM 106
|
8,525 sqft
|
|
Factory |
|
Jalan Miel/Off Jalan Sultan Yahya Pet
|
RM 700,000
|
RM 84
|
8,299 sqft
|
|
Factory |
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Kaw Perindustrian Miel Lundang in Kota Bahru, Kelantan recorded 3 subsale transactions between 2021 and 2026, with a median price of RM 750K and a median price per square foot (PSF) of RM 84.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 750K, with most transactions falling within a stable range of RM 700K to RM 800K, and a typical market range of RM 700K to RM 800K.
Most transactions involved detached factory/warehouse, with minimal variety in property types.
For price per square foot, the median is RM 84, with most transactions between RM 79 and RM 89. The usual range is RM 77.60 to RM 91.10, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 13.50 and an average deviation (MAD) of RM 5 indicate a highly stable PSF trend across properties.
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.