Area Intelligence

FLAT DESA RAKYAT

4 properties
Low-Cost Flat
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Median Price
RM 64,000
PSF: RM 135

Residential Market

Median Price

RM 64,000

IQR: RM 31
MAD: RM 25
RM 135 PSF 17.4%

PSF Trends (2021-2025)

FLAT DESA RAKYAT in Kota Bahru, Kelantan recorded 4 Low-Cost Flat properties subsale transactions between 2021 and 2025 for low-cost flat properties, with a median price of RM 64K and a median price per square foot (PSF) of RM 135.

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 64K, with most transactions falling within a stable range of RM 55K to RM 73K, and a typical market range of RM 57K to RM 72K.

Within the Low-Cost Flat category, low-cost flat dominated the market, though some variety exists in the market.

The median PSF stands at RM 135, with core pricing between RM 110 and RM 160. Market pricing typically extends from RM 119.50 to RM 150.50, reflecting moderate variation in unit pricing. The spread of RM 31.00 (IQR) and deviation of RM 25 (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.

Area Location

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FLAT DESA RAKYAT, Kota Bahru, Kelantan

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Transactions

4 properties grouped by size

450 sqft 3 units Low-Cost Flat
RM 63,000 - 75,000 PSF: RM 143
Price PSF Size Date
RM 65,000
RM 137.00
474 sqft
Sep 2023
RM 63,000
RM 133.00
474 sqft
Jul 2023
RM 75,000
RM 158.00
474 sqft
Apr 2021
550 sqft 1 units Low-Cost Flat
RM 50,000 PSF: RM 89
Price PSF Size Date
RM 50,000
RM 89.00
560 sqft
Mar 2024