MUKIM BATU MENGKEBANG in Kuala Krai, Kelantan recorded 3 subsale transactions in 2021, with a median price of RM 268K and a median price per square foot (PSF) of RM 164.
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 268K, with most transactions falling within a stable range of RM 248K to RM 288K, and a typical market range of RM 223K to RM 313K.
Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.
The median PSF stands at RM 164, with core pricing between RM 137 and RM 191. Market pricing typically extends from RM 136.00 to RM 192.00, reflecting moderate variation in unit pricing. The spread of RM 56.00 (IQR) and deviation of RM 27 (MAD) suggest moderate price variations reflecting different property features.
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.