FLAT DESA RAKYAT in Kota Bahru, Kelantan recorded 1 subsale transactions in 2024, with a median price of RM 50K and a median price per square foot (PSF) of RM 89.
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 50K, with most transactions falling within a stable range of RM 38K to RM 62K, and a typical market range of RM 43K to RM 58K.
Most transactions involved low-cost flat, though some variety exists in the market.
Price per square foot shows a median of RM 89, though individual units vary from RM 64 to RM 114 in the core range. The broader market spans RM 73.83 to RM 104.83, indicating diverse property characteristics. A wider spread (IQR: RM 31.00) and deviation (MAD: RM 25) indicate significant PSF variations, likely due to diverse property types or conditions.
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.