Residential Market
Median Price
RM 550,000
PSF Trends (2021-2025)
KG TIONG in Kota Bahru, Kelantan recorded 2 subsale transactions in 2022, with a median price of RM 550K and a median price per square foot (PSF) of RM 101.
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 550K, with most transactions falling within a stable range of RM 500K to RM 600K, and a typical market range of RM 500K to RM 600K.
Most transactions involved detached, though some variety exists in the market.
For price per square foot, the median is RM 101, with most transactions between RM 95 and RM 107. The usual range is RM 86.00 to RM 116.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 30.00 and an average deviation (MAD) of RM 6 indicate a highly stable PSF trend across properties.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.
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Transactions
2 properties found
Type
|
Road
|
Price
|
PSF
|
Area
|
Date
|
---|---|---|---|---|---|
Detached |
OFF JLN KUALA KRAI
|
RM 600,000
|
RM 107.00
|
5,586 sqft
|
Jul 2022
|
Detached |
JLN TAMAN TIONG PL 611
|
RM 500,000
|
RM 95.00
|
5,264 sqft
|
Jun 2022
|