KOTA BHARU TRADE CENTRE (KBTC)

KOTA BHARU TRADE CENTRE (KBTC) in Kota Bahru, Kelantan recorded 3 subsale transactions in 2023, with a median price of RM 300K and a median price per square foot (PSF) of RM 1,128.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 300K, with most transactions falling within a stable range of RM 258K to RM 300K, and a typical market range of RM 249K to RM 300K.

Most transactions involved shop unit/retail lot, with minimal variety in property types.

Price per square foot shows a median of RM 1,128, though individual units vary from RM 860 to RM 1,396 in the core range. The broader market spans RM 997.00 to RM 1,259.00, indicating diverse property characteristics. The spread of RM 262.00 (IQR) and deviation of RM 268 (MAD) suggest moderate price variations reflecting different property features.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.