| Road | Price | PSF | Size | Date | Type |
|---|
|
Off Jalan Long Yunus
|
RM 180,000
|
RM 151
|
1,195 sqft
|
|
|
Off Jalan Long Yunus
|
RM 610,000
|
RM 138
|
4,413 sqft
|
|
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Market Snapshot
ResidentialRM 395,000
RM 144 psfMedian transaction price
Taman Tanjong Chat in Kota Bahru, Kelantan recorded 2 subsale transactions in 2022, with a median price of RM 395K and a median price per square foot (PSF) of RM 144.
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 395K, with most transactions falling within a stable range of RM 180K to RM 610K, and a typical market range of RM 278K to RM 513K.
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 144, with most transactions between RM 138 and RM 151. The usual range is RM 116.94 to RM 171.94, showing that most units are priced quite close to each other. With an IQR of RM 55.00 and MAD of RM 6, 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.