SKY RIVERFRONT SERVICE APARTMENT

SKY RIVERFRONT SERVICE APARTMENT in Kota Bahru, Kelantan recorded 5 subsale transactions in 2023, with a median price of RM 320K and a median price per square foot (PSF) of RM 492.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 320K, with most transactions falling within a stable range of RM 265K to RM 375K, and a typical market range of RM 283K to RM 358K.

Most transactions involved service apartment, with minimal variety in property types.

For price per square foot, the median is RM 492, with most transactions between RM 445 and RM 539. The usual range is RM 453.00 to RM 531.00, showing that most units are priced quite close to each other. With an IQR of RM 78.00 and MAD of RM 47, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.