Kelantan
Kota Bahru
Bandar Kota Bharu
PELANGI MALL KOTA BHARU

PELANGI MALL KOTA BHARU

Area Intelligence

2023

Median Price

RM 297,500

PSF: RM 261

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Residential PSF Trends

Median Price

RM 297,500

PSF: RM 261

Commercial PSF Trends

Median Price

RM 35,000

RM 325 PSF

PELANGI MALL KOTA BHARU in Kota Bahru, Kelantan recorded 2 subsale transactions in 2023, with a median price of RM 298K and a median price per square foot (PSF) of RM 261.

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 298K, with most transactions falling within a stable range of RM 280K to RM 315K, and a typical market range of RM 280K to RM 315K.

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

For price per square foot, the median is RM 261, with most transactions between RM 245 and RM 276. The usual range is RM 228.50 to RM 292.50, showing that most units are priced quite close to each other. With an IQR of RM 64.00 and MAD of RM 16, 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.

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PELANGI MALL KOTA BHARU, Kota Bahru, Kelantan

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