| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Permai Utama
|
RM 258,000
|
RM 168
|
1,539 sqft
|
|
|
Jalan Kuala Krai-Gua Musang
|
RM 268,000
|
RM 153
|
1,755 sqft
|
|
|
|
Jalan Kuala Krai-Gua Musang
|
RM 288,000
|
RM 164
|
1,755 sqft
|
|
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Market Snapshot
ResidentialRM 268,000
RM 164 psfMedian transaction price
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 258K to RM 280K, and a typical market range of RM 258K to RM 288K.
Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.
For price per square foot, the median is RM 164, with most transactions between RM 158 and RM 171. The usual range is RM 132.15 to RM 196.15, showing that most units are priced quite close to each other. With an IQR of RM 64.00 and MAD of RM 6, the PSF demonstrates reasonable consistency across the market.
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.