KAMPUNG PULAU BELANGA

KAMPUNG PULAU BELANGA in Kota Bahru, Kelantan recorded 2 subsale transactions in 2023, with a median price of RM 325K and a median price per square foot (PSF) of RM 101.

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 170K to RM 480K, and a typical market range of RM 254K to RM 396K.

Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.

The median PSF stands at RM 101, with core pricing between RM 85 and RM 117. Market pricing typically extends from RM 53.75 to RM 148.25, reflecting moderate variation in unit pricing. The spread of RM 94.50 (IQR) and deviation of RM 16 (MAD) suggest moderate price variations reflecting different property features.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.