KAMPUNG PANJI in Kota Bahru, Kelantan recorded 3 subsale transactions in 2023, with a median price of RM 850K and a median price per square foot (PSF) of RM 152.
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 850K, with most transactions falling within a stable range of RM 740K to RM 960K, and a typical market range of RM 698K to RM 1.00 million.
Most transactions involved detached, with moderate diversity in property types available.
Price per square foot shows a median of RM 152, though individual units vary from RM 116 to RM 188 in the core range. The broader market spans RM 112.25 to RM 191.75, indicating diverse property characteristics. The spread of RM 79.50 (IQR) and deviation of RM 36 (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.
