KG JAMBU (MK. CHEKOK)

KG JAMBU (MK. CHEKOK) in Kota Bahru, Kelantan recorded 2 subsale transactions in 2022, with a median price of RM 350K and a median price per square foot (PSF) of RM 113.

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 220K to RM 479K, and a typical market range of RM 240K to RM 459K.

Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.

The median PSF stands at RM 113, with core pricing between RM 94 and RM 132. Market pricing typically extends from RM 102.88 to RM 123.13, reflecting moderate variation in unit pricing. The spread of RM 20.25 (IQR) and deviation of RM 19 (MAD) suggest moderate price variations reflecting different property features.

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.