MUKIM KENOR

MUKIM KENOR in Kuala Krai, Kelantan recorded 6 subsale transactions in 2022, with a median price of RM 250K and a median price per square foot (PSF) of RM 121.

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 250K, with most transactions falling within a stable range of RM 209K to RM 310K, and a typical market range of RM 209K to RM 300K.

Most transactions involved 1 - 1 1/2 storey semi-detached, with high diversity across multiple property types.

The median PSF stands at RM 121, with core pricing between RM 99 and RM 142. Market pricing typically extends from RM 94.50 to RM 146.50, reflecting moderate variation in unit pricing. The spread of RM 52.00 (IQR) and deviation of RM 22 (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.