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Kampung Kayu Rendang in Kota Bahru, Kelantan recorded 0 subsale transactions in 2021, with a median price of RM 355K 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 355K, with most transactions falling within a stable range of RM 340K to RM 370K, and a typical market range of RM 342K to RM 368K.
Most transactions involved 1 - 1 1/2 storey semi-detached, though some variety exists in the market.
The median PSF stands at RM 89, with core pricing between RM 74 and RM 105. Market pricing typically extends from RM 74.50 to RM 103.50, reflecting moderate variation in unit pricing. The spread of RM 29.00 (IQR) and deviation of RM 16 (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.