PELANGI MALL

PELANGI MALL in Kota Bahru, Kelantan recorded 6 subsale transactions between 2021 and 2026, with a median price of RM 251K and a median price per square foot (PSF) of RM 292.

This area contains both residential and commercial properties. View 14 residential properties or 4 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 251K, with most transactions falling within a stable range of RM 163K to RM 339K, and a typical market range of RM 223K to RM 279K.

Most transactions involved condominium/apartment, though some variety exists in the market.

Price per square foot shows a median of RM 292, though individual units vary from RM 107 to RM 478 in the core range. The broader market spans RM 253.60 to RM 331.35, indicating diverse property characteristics. A wider spread (IQR: RM 77.75) and deviation (MAD: RM 186) indicate significant PSF variations, likely due to diverse property types or conditions.

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.