KAMPUNG SEMUT API in Kota Bahru, Kelantan recorded 7 subsale transactions in 2022, with a median price of RM 380K and a median price per square foot (PSF) of RM 71.
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 380K, with most transactions falling within a stable range of RM 334K to RM 426K, and a typical market range of RM 340K to RM 420K.
Most transactions involved detached, though some variety exists in the market.
The median PSF stands at RM 71, with core pricing between RM 61 and RM 81. Market pricing typically extends from RM 62.00 to RM 80.00, reflecting moderate variation in unit pricing. With an IQR of RM 18.00 and MAD of RM 10, 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.