KB CITY CENTRE (TUNE HOTEL) in Kota Bahru, Kelantan recorded 5 subsale transactions in 2022, with a median price of RM 260K and a median price per square foot (PSF) of RM 399.
This area contains both residential and commercial properties. View 7 residential properties or 3 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 260K, with most transactions falling within a stable range of RM 240K to RM 280K, and a typical market range of RM 189K to RM 331K.
Most transactions involved condominium/apartment, with moderate diversity in property types available.
For price per square foot, the median is RM 399, with most transactions between RM 367 and RM 431. The usual range is RM 359.38 to RM 438.63, showing that most units are priced quite close to each other. With an IQR of RM 79.25 and MAD of RM 32, the PSF demonstrates reasonable consistency across the market.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.
