KHALIFA SUITES

KHALIFA SUITES in Kota Bahru, Kelantan recorded 4 subsale transactions in 2023, with a median price of RM 350K and a median price per square foot (PSF) of RM 499.

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 350K, with most transactions falling within a stable range of RM 250K to RM 555K, and a typical market range of RM 250K to RM 450K.

Most transactions involved condominium/apartment, with minimal variety in property types.

The median PSF stands at RM 499, with core pricing between RM 418 and RM 579. Market pricing typically extends from RM 439.00 to RM 558.00, reflecting moderate variation in unit pricing. The spread of RM 119.00 (IQR) and deviation of RM 80 (MAD) suggest moderate price variations reflecting different property features.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.