KOTA BHARU TRADE CENTRE (KBTC)

KOTA BHARU TRADE CENTRE (KBTC) in Kota Bahru, Kelantan recorded 3 subsale transactions in 2021, with a median price of RM 150K and a median price per square foot (PSF) of RM 854.

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 150K, with most transactions falling within a stable range of RM 150K to RM 162K, and a typical market range of RM 150K to RM 175K.

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

For price per square foot, the median is RM 854, with most transactions between RM 792 and RM 916. The usual range is RM 723.00 to RM 985.00, showing that most units are priced quite close to each other. With an IQR of RM 262.00 and MAD of RM 62, 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.