| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Padang Tembak
|
RM 170,000
|
RM 135
|
1,259 sqft
|
|
|
Off Jalan Padang Tembak
|
RM 295,000
|
RM 211
|
1,399 sqft
|
|
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Market Snapshot
ResidentialRM 232,500
RM 173 psfMedian transaction price
Jpn Padang Tembak in Kota Bahru, Kelantan recorded 2 subsale transactions in 2023, with a median price of RM 233K and a median price per square foot (PSF) of RM 173.
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 233K, with most transactions falling within a stable range of RM 170K to RM 295K, and a typical market range of RM 223K to RM 243K.
Most transactions involved low-cost house, with minimal variety in property types.
Price per square foot shows a median of RM 173, though individual units vary from RM 135 to RM 211 in the core range. The broader market spans RM 166.53 to RM 179.28, indicating diverse property characteristics. The spread of RM 12.75 (IQR) and deviation of RM 38 (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.