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Perumahan Padang Leban in Kota Bahru, Kelantan recorded 0 subsale transactions in 2021, with a median price of RM 285K and a median price per square foot (PSF) of RM 185.
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 285K, with most transactions falling within a stable range of RM 270K to RM 300K, and a typical market range of RM 250K to RM 320K.
Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.
The median PSF stands at RM 185, with core pricing between RM 164 and RM 206. Market pricing typically extends from RM 165.50 to RM 204.50, reflecting moderate variation in unit pricing. With an IQR of RM 39.00 and MAD of RM 21, the PSF demonstrates reasonable consistency across the market.
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.