| Road | Price | PSF | Size | Date | Type |
|---|
|
Kampung Binjai, Off Jalan Binjai- Bachok
|
RM 230,000
|
RM 46
|
5,048 sqft
|
|
|
Off Jalan Binjai - Bachok
|
RM 470,000
|
RM 91
|
5,177 sqft
|
|
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Market Snapshot
ResidentialRM 350,000
RM 68 psfMedian transaction price
Kampung Binjai (Mk. Pendek) in Kota Bahru, Kelantan recorded 2 Bungalow properties subsale transactions between 2021 and 2026, with a median price of RM 350K and a median price per square foot (PSF) of RM 68.
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 350K, with most transactions falling within a stable range of RM 230K to RM 470K, and a typical market range of RM 230K to RM 470K.
Within the Bungalow category, detached dominated the market, with high diversity across multiple property types.
Price per square foot shows a median of RM 68, though individual units vary from RM 46 to RM 91 in the core range. The broader market spans RM 46.64 to RM 90.14, indicating diverse property characteristics. A wider spread (IQR: RM 43.50) and deviation (MAD: RM 22) indicate significant PSF variations, likely due to diverse property types or conditions.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.