PAKR KOK LANAS in Kota Bahru, Kelantan recorded 0 subsale transactions in 2021, with a median price of RM 150K and a median price per square foot (PSF) of RM 136.
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 150K, with most transactions falling within a stable range of RM 140K to RM 160K, and a typical market range of RM 105K to RM 195K.
Most transactions involved low-cost house, though some variety exists in the market.
For price per square foot, the median is RM 136, with most transactions between RM 126 and RM 146. The usual range is RM 95.00 to RM 177.00, showing that most units are priced quite close to each other. With an IQR of RM 82.00 and MAD of RM 10, the PSF demonstrates reasonable consistency across the market.
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.
