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Market Snapshot
ResidentialRM 370,000
RM 271 psfMedian transaction price
Bandar Baru Kubang Kerian, Kota Bahru, Kelantan
Bandar Baru Kubang Kerian in Kota Bahru, Kelantan recorded 0 subsale transactions in 2021, with a median price of RM 1.50 million and a median price per square foot (PSF) of RM 1,072.
This area contains both residential and commercial properties. View 2 residential properties or 4 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat.
Most transactions involved 3 - 3 1/2 storey shop, though some variety exists in the market.
For price per square foot, the median is RM 1,072, with most transactions between RM 1,072 and RM 1,072. The usual range is RM 774.25 to RM 1,369.75, showing that most units are priced quite close to each other. With an IQR of RM 595.50 and MAD of RM 0, 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.