KOTA SRI MUTIARA

Area Intelligence

2024

Median Price

RM 409,000

PSF: RM 1,121

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Residential PSF Trends

Median Price

RM 395,000

PSF: RM 273

Commercial PSF Trends

Median Price

RM 409,000

RM 1,121 PSF

KOTA SRI MUTIARA in Kota Bahru, Kelantan recorded 2 subsale transactions in 2024, with a median price of RM 409K and a median price per square foot (PSF) of RM 1,121.

This area contains both residential and commercial properties. View 2 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 409K, with most transactions falling within a stable range of RM 368K to RM 450K, and a typical market range of RM 374K to RM 444K.

Most transactions involved shop unit/retail lot, though some variety exists in the market.

Price per square foot shows a median of RM 1,121, though individual units vary from RM 848 to RM 1,394 in the core range. The broader market spans RM 834.00 to RM 1,408.00, indicating diverse property characteristics. The spread of RM 574.00 (IQR) and deviation of RM 273 (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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

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KOTA SRI MUTIARA, Kota Bahru, Kelantan

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