Residential Market
Median Price
RM 337,500
PSF Trends (2021-2025)
KG MULONG in Kota Bahru, Kelantan recorded 2 subsale transactions in 2023, with a median price of RM 338K and a median price per square foot (PSF) of RM 83.
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 338K, with most transactions falling within a stable range of RM 315K to RM 360K, and a typical market range of RM 326K to RM 349K.
Most transactions involved detached, though some variety exists in the market.
For price per square foot, the median is RM 83, with most transactions between RM 80 and RM 86. The usual range is RM 80.50 to RM 85.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 5.00 and an average deviation (MAD) of RM 3 indicate a highly stable PSF trend across properties.
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.
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Transactions
2 properties found
Type
|
Road
|
Price
|
PSF
|
Area
|
Date
|
---|---|---|---|---|---|
Single Storey Semi-D |
OFF JLN KUBANG ITEK
|
RM 360,000
|
RM 86.00
|
4,209 sqft
|
Jan 2023
|
Detached |
OFF JALAN MULONG / PASIR TUMBUH
|
RM 315,000
|
RM 80.00
|
3,940 sqft
|
Jan 2023
|