| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Miel/Off Jalan Sultan Yahya Pet
|
RM 700,000
|
RM 84
|
8,299 sqft
|
|
|
Jalan Miel/Off Jalan Sultan Yahya Pet
|
RM 900,000
|
RM 106
|
8,525 sqft
|
|
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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 700K to RM 900K, and a typical market range of RM 750K to RM 850K.
Most transactions involved detached factory/warehouse, with minimal variety in property types.
The median PSF stands at RM 95, with core pricing between RM 84 and RM 106. Market pricing typically extends from RM 88.21 to RM 101.71, reflecting moderate variation in unit pricing. With an IQR of RM 13.50 and MAD of RM 11, 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.