TAMAN DESA KEMUMIN (1) in Kota Bahru, Kelantan recorded 1 subsale transactions in 2022, with a median price of RM 150K and a median price per square foot (PSF) of RM 170.
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 150K, with most transactions falling within a stable range of RM 100K to RM 200K, and a typical market range of RM 113K to RM 187K.
Most transactions involved low-cost house, though some variety exists in the market.
Price per square foot shows a median of RM 170, though individual units vary from RM 135 to RM 205 in the core range. The broader market spans RM 131.25 to RM 208.75, indicating diverse property characteristics. The spread of RM 77.50 (IQR) and deviation of RM 35 (MAD) suggest moderate price variations reflecting different property features.
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.
