KAMPUNG. PADANG MOKKAN, PERINGAT in Kota Bahru, Kelantan recorded 2 subsale transactions in 2022, with a median price of RM 396K and a median price per square foot (PSF) of RM 62.
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 396K, with most transactions falling within a stable range of RM 322K to RM 470K, and a typical market range of RM 336K to RM 456K.
Most transactions involved detached, though some variety exists in the market.
The median PSF stands at RM 62, with core pricing between RM 53 and RM 71. Market pricing typically extends from RM 52.50 to RM 71.50, reflecting moderate variation in unit pricing. With an IQR of RM 19.00 and MAD of RM 9, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.