KAW PERINDUSTRIAN MIEL LUNDANG in Kota Bahru, Kelantan recorded 2 subsale transactions in 2021, with a median price of RM 800K and a median price per square foot (PSF) of RM 95.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 800K, with most transactions falling within a stable range of RM 750K to RM 850K, and a typical market range of RM 750K to RM 850K.
Most transactions involved detached factory/warehouse, with minimal variety in property types.
For price per square foot, the median is RM 95, with most transactions between RM 90 and RM 100. The usual range is RM 88.25 to RM 101.75, 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.