Kelantan
Kota Bahru
Bandar Kota Bharu
PELANGI MALL KOTA BHARU

PELANGI MALL KOTA BHARU

Area Intelligence

2023

Median Price

RM 280,000

PSF: RM 276

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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 3 subsale transactions in 2023, with a median price of RM 280K and a median price per square foot (PSF) of RM 276.

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 280K, with most transactions falling within a stable range of RM 155K to RM 315K, and a typical market range of RM 256K to RM 304K.

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

The median PSF stands at RM 276, with core pricing between RM 243 and RM 309. Market pricing typically extends from RM 244.00 to RM 308.00, reflecting moderate variation in unit pricing. With an IQR of RM 64.00 and MAD of RM 33, 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

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PELANGI MALL KOTA BHARU, Kota Bahru, Kelantan

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