Kelantan
Kota Bahru
Bandar Kota Bharu
SEKSYEN 11, BANDAR KOTA BHARU

SEKSYEN 11, BANDAR KOTA BHARU

Area Intelligence

2022

Median Price

RM 725,000

PSF: RM 559

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Commercial PSF Trends

Median Price

RM 725,000

RM 559 PSF

SEKSYEN 11, BANDAR KOTA BHARU in Kota Bahru, Kelantan recorded 2 subsale transactions in 2022, with a median price of RM 725K and a median price per square foot (PSF) of RM 559.

This area contains both residential and commercial properties. View 2 residential properties or 9 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 725K, with most transactions falling within a stable range of RM 650K to RM 800K, and a typical market range of RM 650K to RM 800K.

Most transactions involved 2 - 2 1/2 storey shop, with high diversity across multiple property types.

For price per square foot, the median is RM 559, with most transactions between RM 516 and RM 602. The usual range is RM 467.00 to RM 651.00, showing that most units are priced quite close to each other. With an IQR of RM 184.00 and MAD of RM 43, 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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SEKSYEN 11, BANDAR KOTA BHARU, Kota Bahru, Kelantan

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