DESA RIMBUN LPT

DESA RIMBUN LPT in Kota Bahru, Kelantan recorded 4 subsale transactions in 2021, with a median price of RM 325K and a median price per square foot (PSF) of RM 135.

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 325K, with most transactions falling within a stable range of RM 309K to RM 340K, and a typical market range of RM 308K to RM 340K.

Most transactions involved 1 - 1 1/2 storey semi-detached, though some variety exists in the market.

Price per square foot shows a median of RM 135, though individual units vary from RM 78 to RM 191 in the core range. The broader market spans RM 95.63 to RM 173.38, indicating diverse property characteristics. A wider spread (IQR: RM 77.75) and deviation (MAD: RM 56) indicate significant PSF variations, likely due to diverse property types or conditions.

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.