TAMAN RAKYAT in Kota Bahru, Kelantan recorded 1 subsale transactions in 2022, with a median price of RM 500K and a median price per square foot (PSF) of RM 84.
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 500K, with most transactions falling within a stable range of RM 465K to RM 535K, and a typical market range of RM 483K to RM 518K.
Most transactions involved detached, with minimal variety in property types.
Price per square foot shows a median of RM 84, though individual units vary from RM 67 to RM 101 in the core range. The broader market spans RM 75.50 to RM 92.50, indicating diverse property characteristics. The spread of RM 17.00 (IQR) and deviation of RM 17 (MAD) suggest moderate price variations reflecting different property features.
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.