KG SEMUT API

KG SEMUT API in Kota Bahru, Kelantan recorded 2 subsale transactions in 2023, with a median price of RM 400K and a median price per square foot (PSF) of RM 84.

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 400K, with most transactions falling within a stable range of RM 350K to RM 450K, and a typical market range of RM 360K to RM 440K.

Most transactions involved detached, though some variety exists in the market.

For price per square foot, the median is RM 84, with most transactions between RM 81 and RM 87. The usual range is RM 75.00 to RM 93.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 18.00 and an average deviation (MAD) of RM 3 indicate a highly stable PSF trend across properties.

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.