| Road | Price | PSF | Size | Date | Type |
|---|
|
Off Jalan Padang Tembak
|
RM 5,000,000
|
RM 29
|
174,246 sqft
|
|
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Market Snapshot
CommercialRM 5,000,000
RM 29 psfMedian transaction price
Kaw Perindustrian Pkln Chepa in Kota Bahru, Kelantan recorded 1 subsale transactions between 2021 and 2026, with a median price of RM 5.00 million and a median price per square foot (PSF) of RM 29.
Price remained flat, and PSF growth was PSF remained flat.
Most transactions involved detached factory/warehouse, with minimal variety in property types.
For price per square foot, the median is RM 29, with most transactions between RM 29 and RM 29. The usual range is RM 24.95 to RM 32.45, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 7.50 and an average deviation (MAD) of RM 0 indicate a highly stable PSF trend across properties.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.