| Road | Price | PSF | Size | Date | Type |
|---|
|
Off Jalan K.krai-Gua Musang
|
RM 250,000
|
RM 195
|
1,281 sqft
|
|
|
Jalan Kuala Krai-Gua Musang
|
RM 190,000
|
RM 136
|
1,399 sqft
|
|
|
Jalan Kuala Krai-Gua Musang
|
RM 211,000
|
RM 120
|
1,765 sqft
|
|
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Market Snapshot
ResidentialRM 211,000
RM 136 psfMedian transaction price
Mukim Batu Mengkebang in Kuala Krai, Kelantan recorded 3 subsale transactions in 2023, with a median price of RM 211K and a median price per square foot (PSF) of RM 136.
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 211K, with most transactions falling within a stable range of RM 190K to RM 236K, and a typical market range of RM 190K to RM 250K.
Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.
Price per square foot shows a median of RM 136, though individual units vary from RM 103 to RM 168 in the core range. The broader market spans RM 103.78 to RM 167.78, indicating diverse property characteristics. The spread of RM 64.00 (IQR) and deviation of RM 33 (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.