PEC. LOT 1314, MK. MAHANG TIMUR

PEC. LOT 1314, MK. MAHANG TIMUR in Kota Bahru, Kelantan recorded 2 subsale transactions in 2023, with a median price of RM 75K and a median price per square foot (PSF) of RM 55.

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 75K, with most transactions falling within a stable range of RM 70K to RM 80K, and a typical market range of RM 70K to RM 80K.

Most transactions involved cluster house, with minimal variety in property types.

The median PSF stands at RM 55, with core pricing between RM 45 and RM 65. Market pricing typically extends from RM 44.63 to RM 65.38, reflecting moderate variation in unit pricing. The spread of RM 20.75 (IQR) and deviation of RM 10 (MAD) suggest moderate price variations reflecting different property features.

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.