KAMPUNG TELOK in Kota Bahru, Kelantan recorded 1 subsale transactions in 2023, with a median price of RM 490K and a median price per square foot (PSF) of RM 111.
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 490K, with most transactions falling within a stable range of RM 435K to RM 545K, and a typical market range of RM 394K to RM 586K.
Most transactions involved 2 - 2 1/2 storey semi-detached, with high diversity across multiple property types.
The median PSF stands at RM 111, with core pricing between RM 99 and RM 123. Market pricing typically extends from RM 99.88 to RM 122.13, reflecting moderate variation in unit pricing. With an IQR of RM 22.25 and MAD of RM 12, the PSF demonstrates reasonable consistency across the market.
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.