DESA PERINGAT

DESA PERINGAT in Kota Bahru, Kelantan recorded 2 subsale transactions in 2023, with a median price of RM 190K and a median price per square foot (PSF) of RM 231.

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 190K, with most transactions falling within a stable range of RM 160K to RM 220K, and a typical market range of RM 170K to RM 210K.

Most transactions involved low-cost house, though some variety exists in the market.

The median PSF stands at RM 231, with core pricing between RM 193 and RM 269. Market pricing typically extends from RM 209.50 to RM 252.50, reflecting moderate variation in unit pricing. The spread of RM 43.00 (IQR) and deviation of RM 38 (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.