Area Intelligence

PELANGI MALL KOTA BHARU

8 properties
2022
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Median Price
RM 243,500
PSF: RM 203

Residential Market

Median Price

RM 250,000

IQR: RM 67
MAD: RM 30
RM 186 PSF 1.1%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 35,000

RM 325 PSF 0.0%

PSF Trends (2021-2025)

PELANGI MALL KOTA BHARU in Kota Bahru, Kelantan recorded 8 subsale transactions in 2022, with a median price of RM 244K and a median price per square foot (PSF) of RM 203.

This area contains both residential and commercial properties. View 12 residential properties or 2 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 244K, with most transactions falling within a stable range of RM 168K to RM 286K, and a typical market range of RM 221K to RM 266K.

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

Price per square foot shows a median of RM 203, though individual units vary from RM 144 to RM 261 in the core range. The broader market spans RM 165.50 to RM 239.50, indicating diverse property characteristics. A wider spread (IQR: RM 74.00) and deviation (MAD: RM 59) indicate significant PSF variations, likely due to diverse property types or conditions.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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PELANGI MALL KOTA BHARU, Kota Bahru, Kelantan

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Transactions

8 properties found

Condo/Apartment
RM 237,000
PSF: RM 154.00
Area: 1,539 sqft
Date: Sep 2022
Condo/Apartment
RM 250,000
PSF: RM 219.00
Area: 1,141 sqft
Date: Aug 2022
Shop/Retail Lot
RM 35,000
PSF: RM 325.00
Area: 108 sqft
Date: Aug 2022
Condo/Apartment
RM 280,000
PSF: RM 245.00
Area: 1,141 sqft
Date: May 2022
Condo/Apartment
RM 270,000
PSF: RM 237.00
Area: 1,141 sqft
Date: May 2022
Condo/Apartment
RM 232,000
PSF: RM 151.00
Area: 1,539 sqft
Date: May 2022
Condo/Apartment
RM 286,000
PSF: RM 186.00
Area: 1,539 sqft
Date: Mar 2022
Condo/Apartment
RM 222,000
PSF: RM 136.00
Area: 1,636 sqft
Date: Jan 2022