TAMAN PADUKA (WAKAF STAN)

TAMAN PADUKA (WAKAF STAN) in Kota Bahru, Kelantan recorded 3 subsale transactions in 2023, with a median price of RM 195K and a median price per square foot (PSF) of RM 139.

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 195K, with most transactions falling within a stable range of RM 195K to RM 211K, and a typical market range of RM 195K to RM 227K.

Most transactions involved 1 - 1 1/2 storey terraced, with minimal variety in property types.

For price per square foot, the median is RM 139, with most transactions between RM 136 and RM 142. The usual range is RM 136.25 to RM 141.75, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 5.50 and an average deviation (MAD) of RM 3 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.