KAMPUNG PADANG BONGOR in Kota Bahru, Kelantan recorded 10 subsale transactions in 2023, with a median price of RM 493K and a median price per square foot (PSF) of RM 127.
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 493K, with most transactions falling within a stable range of RM 403K to RM 583K, and a typical market range of RM 406K to RM 579K.
Most transactions involved detached, with high diversity across multiple property types.
The median PSF stands at RM 127, with core pricing between RM 106 and RM 148. Market pricing typically extends from RM 61.00 to RM 193.00, reflecting moderate variation in unit pricing. The spread of RM 132.00 (IQR) and deviation of RM 21 (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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.
