KAMPUNG RENIK, SETERPA in Kota Bahru, Kelantan recorded 1 subsale transactions in 2022, with a median price of RM 200K and a median price per square foot (PSF) of RM 143.
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 200K, with most transactions falling within a stable range of RM 170K to RM 230K, and a typical market range of RM 163K to RM 238K.
Most transactions involved 1 - 1 1/2 storey semi-detached, though some variety exists in the market.
The median PSF stands at RM 143, with core pricing between RM 128 and RM 158. Market pricing typically extends from RM 128.25 to RM 157.75, reflecting moderate variation in unit pricing. With an IQR of RM 29.50 and MAD of RM 15, the PSF demonstrates reasonable consistency across the market.
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.