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 234K to RM 400K, and a typical market range of RM 283K to RM 358K.

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

The median PSF stands at RM 492, with core pricing between RM 409 and RM 575. Market pricing typically extends from RM 453.00 to RM 531.00, reflecting moderate variation in unit pricing. The spread of RM 78.00 (IQR) and deviation of RM 83 (MAD) suggest moderate price variations reflecting different property features.

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.