KOTA BHARU TRADE CENTRE (KBTC)

KOTA BHARU TRADE CENTRE (KBTC) in Kota Bahru, Kelantan recorded 1 subsale transactions in 2022, with a median price of RM 230K and a median price per square foot (PSF) of RM 1,122.

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 230K, with most transactions falling within a stable range of RM 170K to RM 290K, and a typical market range of RM 179K to RM 281K.

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

The median PSF stands at RM 1,122, with core pricing between RM 969 and RM 1,275. Market pricing typically extends from RM 991.00 to RM 1,253.00, reflecting moderate variation in unit pricing. With an IQR of RM 262.00 and MAD of RM 153, 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.