KAMPUNG PINTU GANG in Kota Bahru, Kelantan recorded 4 subsale transactions in 2023, with a median price of RM 365K and a median price per square foot (PSF) of RM 102.
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 365K, with most transactions falling within a stable range of RM 235K to RM 495K, and a typical market range of RM 288K to RM 443K.
Most transactions involved detached, with moderate diversity in property types available.
For price per square foot, the median is RM 102, with most transactions between RM 93 and RM 111. The usual range is RM 90.25 to RM 113.75, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 23.50 and an average deviation (MAD) of RM 9 indicate a highly stable PSF trend across properties.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.
