BANDAR KUALA KRAI

Area Intelligence

2023

Median Price

RM 500,000

PSF: RM 238

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Residential PSF Trends

Median Price

RM 210,000

PSF: RM 47

Commercial PSF Trends

Median Price

RM 500,000

RM 238 PSF

BANDAR KUALA KRAI in Kuala Krai, Kelantan recorded 2 subsale transactions in 2023, with a median price of RM 500K and a median price per square foot (PSF) of RM 238.

This area contains both residential and commercial properties. View 2 residential properties or 3 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 500K, with most transactions falling within a stable range of RM 280K to RM 720K, and a typical market range of RM 300K to RM 700K.

Most transactions involved detached, with high diversity across multiple property types.

Price per square foot shows a median of RM 238, though individual units vary from RM 117 to RM 359 in the core range. The broader market spans RM 107.00 to RM 369.00, indicating diverse property characteristics. A wider spread (IQR: RM 262.00) and deviation (MAD: RM 121) indicate significant PSF variations, likely due to diverse property types or conditions.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

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BANDAR KUALA KRAI, Kuala Krai, Kelantan

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