TAMAN MGU KOK LANAS

TAMAN MGU KOK LANAS in Kota Bahru, Kelantan recorded 2 subsale transactions in 2023, with a median price of RM 200K and a median price per square foot (PSF) of RM 97.

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 200K, with most transactions falling within a stable range of RM 150K to RM 250K, and a typical market range of RM 175K to RM 225K.

Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.

The median PSF stands at RM 97, with core pricing between RM 87 and RM 107. Market pricing typically extends from RM 75.75 to RM 118.25, reflecting moderate variation in unit pricing. With an IQR of RM 42.50 and MAD of RM 10, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.