| Road | Price | PSF | Size | Date | Type |
|---|
|
Off Jalan Long Yunus
|
RM 230,000
|
RM 164
|
1,399 sqft
|
|
|
|
Jalan Tanjung 17
|
RM 240,000
|
RM 172
|
1,399 sqft
|
|
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Market Snapshot
ResidentialRM 235,000
RM 168 psfMedian transaction price
Taman Tanjong Chat in Kota Bahru, Kelantan recorded 2 subsale transactions in 2021, with a median price of RM 235K and a median price per square foot (PSF) of RM 168.
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 235K, with most transactions falling within a stable range of RM 230K to RM 240K, and a typical market range of RM 230K to RM 240K.
Most transactions involved 1 - 1 1/2 storey terraced, with moderate diversity in property types available.
For price per square foot, the median is RM 168, with most transactions between RM 164 and RM 172. The usual range is RM 140.44 to RM 195.44, showing that most units are priced quite close to each other. With an IQR of RM 55.00 and MAD of RM 4, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.