Area Intelligence

FLAT DESA RAKYAT

2 properties
2023
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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 2 subsale transactions in 2023, 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 63K to RM 65K, and a typical market range of RM 63K to RM 65K.

Most transactions involved low-cost flat, though some variety exists in the market.

For price per square foot, the median is RM 135, with most transactions between RM 133 and RM 137. The usual range is RM 119.50 to RM 150.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 31.00 and an average deviation (MAD) of RM 2 indicate a highly stable PSF trend across properties.

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

2 properties grouped by size

450 sqft 2 units Low-Cost Flat
RM 63,000 - 65,000 PSF: RM 135
Price PSF Size Date
RM 65,000
RM 137.00
474 sqft
Sep 2023
RM 63,000
RM 133.00
474 sqft
Jul 2023