| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Padang Tembak
|
RM 1,732,000
|
RM 67
|
25,995 sqft
|
|
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Market Snapshot
CommercialRM 1,732,000
RM 67 psfMedian transaction price
Kaw Perindustrian Pkln Chepa in Kota Bahru, Kelantan recorded 1 subsale transactions in 2022, with a median price of RM 1.73 million and a median price per square foot (PSF) of RM 67.
This area consists exclusively of commercial properties, with no residential listings recorded.
Price remained flat, and PSF growth was PSF remained flat.
Most transactions involved terraced factory/warehouse, though some variety exists in the market.
For price per square foot, the median is RM 67, with most transactions between RM 67 and RM 67. The usual range is RM 46.38 to RM 86.88, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 40.50 and an average deviation (MAD) of RM 0 indicate a highly stable PSF trend across properties.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.