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

SEKSYEN 11, BANDAR KOTA BHARU

Area Intelligence

2023

Median Price

RM 630,000

PSF: RM 406

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Commercial PSF Trends

Median Price

RM 630,000

RM 406 PSF

SEKSYEN 11, BANDAR KOTA BHARU in Kota Bahru, Kelantan recorded 3 subsale transactions in 2023, with a median price of RM 630K and a median price per square foot (PSF) of RM 406.

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 630K, with most transactions falling within a stable range of RM 587K to RM 650K, and a typical market range of RM 550K to RM 650K.

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

The median PSF stands at RM 406, with core pricing between RM 353 and RM 459. Market pricing typically extends from RM 314.00 to RM 498.00, reflecting moderate variation in unit pricing. With an IQR of RM 184.00 and MAD of RM 53, 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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