BANDAR KUALA KRAI

Area Intelligence
2023
Median Price
RM 550,000
PSF: RM 312

Residential PSF Trends

Median Price

RM 300,000

PSF: RM 171

Commercial PSF Trends

Median Price

RM 550,000

RM 313 PSF

BANDAR KUALA KRAI in Kuala Krai, Kelantan recorded 3 subsale transactions in 2023, with a median price of RM 550K and a median price per square foot (PSF) of RM 312.

This area contains both residential and commercial properties. View 4 residential properties or 4 commercial properties separately for more focused analysis.

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 470K to RM 630K, and a typical market range of RM 420K to RM 680K.

Most transactions involved 3 - 3 1/2 storey shop, with moderate diversity in property types available.

Price per square foot shows a median of RM 312, though individual units vary from RM 229 to RM 395 in the core range. The broader market spans RM 228.13 to RM 395.88, indicating diverse property characteristics. A wider spread (IQR: RM 167.75) and deviation (MAD: RM 83) indicate significant PSF variations, likely due to diverse property types or conditions.

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.

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BANDAR KUALA KRAI, Kuala Krai, Kelantan

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