DATARAN RAKYAT, BANDAR BARU TUNJONG in Kota Bahru, Kelantan recorded 1 subsale transactions in 2022, with a median price of RM 75K and a median price per square foot (PSF) of RM 581.
This area consists exclusively of commercial properties, with no residential listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 75K, with most transactions falling within a stable range of RM 64K to RM 86K, and a typical market range of RM 70K to RM 81K.
Most transactions involved shop unit/retail lot, with minimal variety in property types.
The median PSF stands at RM 581, with core pricing between RM 496 and RM 667. Market pricing typically extends from RM 538.25 to RM 623.75, reflecting moderate variation in unit pricing. With an IQR of RM 85.50 and MAD of RM 86, 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. 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.