KAMPUNG TELOK BARU in Kota Bahru, Kelantan recorded 6 subsale transactions in 2024, with a median price of RM 465K and a median price per square foot (PSF) of RM 185.
This area contains both residential and commercial properties. View 15 residential properties or 1 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 465K, with most transactions falling within a stable range of RM 325K to RM 605K, and a typical market range of RM 339K to RM 591K.
Most transactions involved detached, with high diversity across multiple property types.
The median PSF stands at RM 185, with core pricing between RM 154 and RM 216. Market pricing typically extends from RM 155.75 to RM 214.25, reflecting moderate variation in unit pricing. The spread of RM 58.50 (IQR) and deviation of RM 31 (MAD) suggest moderate price variations reflecting different property features.
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.
