Residential Market
Median Price
RM 200,000
PSF Trends (2021-2025)
KG RENIK, SETERPA in Kota Bahru, Kelantan recorded 3 subsale transactions between 2021 and 2025, with a median price of RM 230K and a median price per square foot (PSF) of RM 99.
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 230K, with most transactions falling within a stable range of RM 200K to RM 260K, and a typical market range of RM 200K to RM 268K.
Most transactions involved 1 - 1 1/2 storey semi-detached, though some variety exists in the market.
The median PSF stands at RM 99, with core pricing between RM 84 and RM 114. Market pricing typically extends from RM 84.25 to RM 113.75, reflecting moderate variation in unit pricing. The spread of RM 29.50 (IQR) and deviation of RM 15 (MAD) suggest moderate price variations reflecting different property features.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.
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Transactions
3 properties found
|
Type
|
Road
|
Price
|
PSF
|
Area
|
Date
|
|---|---|---|---|---|---|
| Single Storey Semi-D |
JALAN BUKIT MARAK
|
RM 230,000
|
RM 84.00
|
2,730 sqft
|
Sep 2023
|
| Single Storey Semi-D |
JALAN BUKIT MARAK
|
RM 350,000
|
RM 99.00
|
3,531 sqft
|
Jan 2023
|
| Single Storey Terraced |
OFF JALAN BINJAI / PAUH LIMA
|
RM 200,000
|
RM 143.00
|
1,399 sqft
|
Dec 2022
|