TAMAN DESA KUJID (MK. TELOK) in Kota Bahru, Kelantan recorded 5 subsale transactions in 2022, with a median price of RM 420K and a median price per square foot (PSF) of RM 203.
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 420K, with most transactions falling within a stable range of RM 350K to RM 490K, and a typical market range of RM 338K to RM 503K.
Most transactions involved 1 - 1 1/2 storey terraced, with moderate diversity in property types available.
The median PSF stands at RM 203, with core pricing between RM 164 and RM 242. Market pricing typically extends from RM 168.25 to RM 237.75, reflecting moderate variation in unit pricing. The spread of RM 69.50 (IQR) and deviation of RM 39 (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.
