|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2023 | |||||
|
Jalan Sultan Ibrahim
|
RM 2,220,000
|
RM 333
|
6,663 sqft
|
|
3-Sty Shop |
| 2022 | |||||
|
Jalan Hamzah
|
RM 2,220,000
|
RM 153
|
14,488 sqft
|
|
4-Sty Shop |
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Seksyen 19 Bandar Kota Bharu in Kota Bahru, Kelantan recorded 2 subsale transactions between 2021 and 2026, priced from RM 2.00 million and above, with a median price of RM 2.22 million and a median price per square foot (PSF) of RM 243.
This area consists exclusively of commercial properties, with no residential listings recorded.
Price remained flat, and PSF growth was PSF remained flat.
Most transactions involved 3 - 3 1/2 storey shop, though some variety exists in the market.
Price per square foot shows a median of RM 243, though individual units vary from RM 153 to RM 333 in the core range. The broader market spans RM 166.71 to RM 319.71, indicating diverse property characteristics. A wider spread (IQR: RM 153.00) and deviation (MAD: RM 90) indicate significant PSF variations, likely due to diverse property types or conditions.
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.