TAMAN KOTA KUBANG LABU in Tumpat, Kelantan recorded 1 subsale transactions in 2022, with a median price of RM 230K 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 230K, with most transactions falling within a stable range of RM 180K to RM 280K, and a typical market range of RM 190K to RM 270K.
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 135 and RM 193. Market pricing typically extends from RM 142.00 to RM 186.00, reflecting moderate variation in unit pricing. The spread of RM 44.00 (IQR) and deviation of RM 29 (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.
