TIJANI RAJA DEWA in Kota Bahru, Kelantan recorded 1 subsale transactions in 2023, with a median price of RM 700K and a median price per square foot (PSF) of RM 646.
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 700K, with most transactions falling within a stable range of RM 685K to RM 715K, and a typical market range of RM 442K to RM 958K.
Most transactions involved condominium/apartment, with minimal variety in property types.
For price per square foot, the median is RM 646, with most transactions between RM 634 and RM 658. The usual range is RM 611.25 to RM 680.75, showing that most units are priced quite close to each other. With an IQR of RM 69.50 and MAD of RM 12, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.
