TAMAN PUSPA JAYA in Kota Bahru, Kelantan recorded 5 subsale transactions in 2023, with a median price of RM 190K and a median price per square foot (PSF) of RM 109.
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 190K, with most transactions falling within a stable range of RM 165K to RM 200K, and a typical market range of RM 135K to RM 200K.
Most transactions involved low-cost house, with high diversity across multiple property types.
Price per square foot shows a median of RM 109, though individual units vary from RM 84 to RM 133 in the core range. The broader market spans RM 82.92 to RM 134.42, indicating diverse property characteristics. The spread of RM 51.50 (IQR) and deviation of RM 25 (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.
