Area Intelligence

BANDAR BARU TUNJONG

3 properties
2022
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Median Price
RM 960,000
PSF: RM 635

Residential Market

Median Price

RM 200,000

RM 637 PSF

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 960,000

IQR: RM 62
MAD: RM 30
RM 635 PSF 9.4%

PSF Trends (2021-2025)

BANDAR BARU TUNJONG in Kota Bahru, Kelantan recorded 3 subsale transactions in 2022, with a median price of RM 960K and a median price per square foot (PSF) of RM 635.

This area contains both residential and commercial properties. View 1 residential properties or 4 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 960K, with most transactions falling within a stable range of RM 950K to RM 1.02 million, and a typical market range of RM 950K to RM 1.02 million.

Most transactions involved 3 - 3 1/2 storey shop, with moderate diversity in property types available.

The median PSF stands at RM 635, with core pricing between RM 555 and RM 715. Market pricing typically extends from RM 631.50 to RM 638.50, reflecting moderate variation in unit pricing. With an IQR of RM 7.00 and MAD of RM 80, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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BANDAR BARU TUNJONG, Kota Bahru, Kelantan

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Transactions

3 properties grouped by size

1,500 sqft 2 units 3-Storey Storey Shop
RM 950,000 - 960,000 PSF: RM 639
Road Price PSF Size Date
JALAN KOTA BHARU - KUALA KRAI
RM 950,000
RM 635.00
1,496 sqft
Jul 2022
JALAN KOTA BHARU - KUALA KRAI
RM 960,000
RM 642.00
1,496 sqft
Apr 2022
2,300 sqft 1 units Double Storey Shop
RM 1,075,000 PSF: RM 469
Road Price PSF Size Date
JLN KUALA KRAI LB 3465
RM 1,075,000
RM 469.00
2,293 sqft
Dec 2022