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Market Snapshot
ResidentialRM 468,000
RM 147 psfMedian transaction price
Kampung Pengkalan Chepa, Kota Bahru, Kelantan
Kampung Pengkalan Chepa in Kota Bahru, Kelantan recorded 0 subsale transactions in 2021, with a median price of RM 390K and a median price per square foot (PSF) of RM 128.
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 390K, with most transactions falling within a stable range of RM 368K to RM 413K, and a typical market range of RM 352K to RM 428K.
Most transactions involved 1 - 1 1/2 storey semi-detached, with high diversity across multiple property types.
The median PSF stands at RM 128, with core pricing between RM 109 and RM 147. Market pricing typically extends from RM 113.00 to RM 143.00, reflecting moderate variation in unit pricing. With an IQR of RM 30.00 and MAD of RM 19, the PSF demonstrates reasonable consistency across the market.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.