KAMPUNG PERAH, KOK LANAS in Kota Bahru, Kelantan recorded 3 subsale transactions in 2024, with a median price of RM 370K and a median price per square foot (PSF) of RM 72.
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 370K, with most transactions falling within a stable range of RM 305K to RM 435K, and a typical market range of RM 314K to RM 426K.
Most transactions involved detached, though some variety exists in the market.
The median PSF stands at RM 72, with core pricing between RM 65 and RM 80. Market pricing typically extends from RM 64.13 to RM 79.88, reflecting moderate variation in unit pricing. With an IQR of RM 15.75 and MAD of RM 8, 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.