KAMPUNG BAUNG in Kota Bahru, Kelantan recorded 2 subsale transactions in 2022, with a median price of RM 441K and a median price per square foot (PSF) of RM 155.
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 441K, with most transactions falling within a stable range of RM 411K to RM 471K, and a typical market range of RM 416K to RM 466K.
Most transactions involved 2 - 2 1/2 storey terraced, with moderate diversity in property types available.
For price per square foot, the median is RM 155, with most transactions between RM 148 and RM 162. The usual range is RM 127.00 to RM 183.00, showing that most units are priced quite close to each other. With an IQR of RM 56.00 and MAD of RM 7, 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. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.
