Kelantan
Kota Bahru
Bandar Kota Bharu
PELANGI MALL KOTA BHARU

PELANGI MALL KOTA BHARU

Area Intelligence

2023

Median Price

RM 157,500

PSF: RM 285

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Residential PSF Trends

Median Price

RM 280,000

PSF: RM 245

PELANGI MALL KOTA BHARU in Kota Bahru, Kelantan recorded 2 subsale transactions in 2023, priced up to RM 300K, with a median price of RM 158K and a median price per square foot (PSF) of RM 285.

This area contains both residential and commercial properties. View 14 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 158K, with most transactions falling within a stable range of RM 35K to RM 280K, and a typical market range of RM 134K to RM 182K.

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

The median PSF stands at RM 285, with core pricing between RM 245 and RM 325. Market pricing typically extends from RM 253.28 to RM 317.28, reflecting moderate variation in unit pricing. With an IQR of RM 64.00 and MAD of RM 40, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

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PELANGI MALL KOTA BHARU, Kota Bahru, Kelantan

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