TAMAN DESA AN-NUR in Kota Bahru, Kelantan recorded 2 subsale transactions in 2022, with a median price of RM 152K and a median price per square foot (PSF) of RM 207.
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 152K, with most transactions falling within a stable range of RM 120K to RM 184K, and a typical market range of RM 119K to RM 184K.
Most transactions involved low-cost house, with minimal variety in property types.
Price per square foot shows a median of RM 207, though individual units vary from RM 164 to RM 250 in the core range. The broader market spans RM 162.50 to RM 251.50, indicating diverse property characteristics. The spread of RM 89.00 (IQR) and deviation of RM 43 (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.
