| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Kota Kubang Labu
|
RM 200,000
|
RM 143
|
1,399 sqft
|
|
|
|
Off Jalan Kota Bharu / P. Pekan
|
RM 300,000
|
RM 214
|
1,399 sqft
|
|
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TAMAN KOTA KUBANG LABU, Pasir Pekan, 16250, Tumpat, Kelantan, Malaysia
Taman Kota Kubang Labu in Tumpat, Kelantan recorded 2 subsale transactions in 2023, with a median price of RM 250K and a median price per square foot (PSF) of RM 179.
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 250K, with most transactions falling within a stable range of RM 200K to RM 300K, and a typical market range of RM 210K to RM 290K.
Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.
The median PSF stands at RM 179, with core pricing between RM 143 and RM 214. Market pricing typically extends from RM 156.66 to RM 200.66, reflecting moderate variation in unit pricing. The spread of RM 44.00 (IQR) and deviation of RM 36 (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.