TAMAN DESA PERMAI, KOK LANAS

TAMAN DESA PERMAI, KOK LANAS in Kota Bahru, Kelantan recorded 5 subsale transactions in 2023, with a median price of RM 160K and a median price per square foot (PSF) of RM 146.

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 160K, with most transactions falling within a stable range of RM 151K to RM 169K, and a typical market range of RM 153K to RM 167K.

Most transactions involved low-cost house, though some variety exists in the market.

The median PSF stands at RM 146, with core pricing between RM 128 and RM 165. Market pricing typically extends from RM 139.25 to RM 152.75, reflecting moderate variation in unit pricing. With an IQR of RM 13.50 and MAD of RM 19, 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.