TAMAN DESA KEMUMIN (2)

TAMAN DESA KEMUMIN (2) in Kota Bahru, Kelantan recorded 7 subsale transactions in 2023, with a median price of RM 180K and a median price per square foot (PSF) of RM 159.

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 180K, with most transactions falling within a stable range of RM 127K to RM 233K, and a typical market range of RM 170K to RM 190K.

Most transactions involved 1 - 1 1/2 storey terraced, with moderate diversity in property types available.

Price per square foot shows a median of RM 159, though individual units vary from RM 106 to RM 212 in the core range. The broader market spans RM 128.75 to RM 189.25, indicating diverse property characteristics. A wider spread (IQR: RM 60.50) and deviation (MAD: RM 53) indicate significant PSF variations, likely due to diverse property types or conditions.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.