BANDAR BARU TUNJONG

BANDAR BARU TUNJONG in Kota Bahru, Kelantan recorded 2 subsale transactions in 2023, with a median price of RM 725K and a median price per square foot (PSF) of RM 666.

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 725K, with most transactions falling within a stable range of RM 200K to RM 1.25 million, and a typical market range of RM 663K to RM 788K.

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

For price per square foot, the median is RM 666, with most transactions between RM 637 and RM 695. The usual range is RM 662.50 to RM 669.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 7.00 and an average deviation (MAD) of RM 29 indicate a highly stable PSF trend across properties.

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.