DESA RIMBUN LPT

DESA RIMBUN LPT in Kota Bahru, Kelantan recorded 2 subsale transactions in 2024, with a median price of RM 338K and a median price per square foot (PSF) of RM 109.

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 338K, with most transactions falling within a stable range of RM 325K to RM 350K, and a typical market range of RM 325K to RM 350K.

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

For price per square foot, the median is RM 109, with most transactions between RM 106 and RM 111. The usual range is RM 69.63 to RM 147.38, showing that most units are priced quite close to each other. With an IQR of RM 77.75 and MAD of RM 3, 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. 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.