TAMAN DESA RAHMAT

TAMAN DESA RAHMAT in Kota Bahru, Kelantan recorded 5 subsale transactions in 2023, with a median price of RM 200K and a median price per square foot (PSF) of RM 273.

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 200K, with most transactions falling within a stable range of RM 185K to RM 224K, and a typical market range of RM 185K to RM 217K.

Most transactions involved low-cost house, with minimal variety in property types.

The median PSF stands at RM 273, with core pricing between RM 224 and RM 322. Market pricing typically extends from RM 232.00 to RM 314.00, reflecting moderate variation in unit pricing. The spread of RM 82.00 (IQR) and deviation of RM 49 (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.