PALOH GARDENS RESIDENCE

PALOH GARDENS RESIDENCE in Kota Bahru, Kelantan recorded 2 subsale transactions in 2023, with a median price of RM 330K and a median price per square foot (PSF) of RM 236.

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 330K, with most transactions falling within a stable range of RM 300K to RM 360K, and a typical market range of RM 309K to RM 351K.

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

For price per square foot, the median is RM 236, with most transactions between RM 221 and RM 250. The usual range is RM 206.50 to RM 264.50, showing that most units are priced quite close to each other. With an IQR of RM 58.00 and MAD of RM 15, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.