TAMAN PUSPA JAYA in Kota Bahru, Kelantan recorded 8 subsale transactions in 2022, with a median price of RM 290K and a median price per square foot (PSF) of RM 135.
This area contains both residential and commercial properties. View 13 residential properties or 2 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 290K, with most transactions falling within a stable range of RM 250K to RM 330K, and a typical market range of RM 164K to RM 416K.
Most transactions involved low-cost house, with high diversity across multiple property types.
Price per square foot shows a median of RM 135, though individual units vary from RM 107 to RM 163 in the core range. The broader market spans RM 108.75 to RM 160.25, indicating diverse property characteristics. The spread of RM 51.50 (IQR) and deviation of RM 28 (MAD) suggest moderate price variations reflecting different property features.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.
