BANDAR BARU TUMPAT

BANDAR BARU TUMPAT in Tumpat, Kelantan recorded 4 subsale transactions in 2022, with a median price of RM 490K and a median price per square foot (PSF) of RM 414.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 490K, with most transactions falling within a stable range of RM 290K to RM 610K, and a typical market range of RM 334K to RM 610K.

Most transactions involved 2 - 2 1/2 storey shop, though some variety exists in the market.

For price per square foot, the median is RM 414, with most transactions between RM 379 and RM 449. The usual range is RM 383.38 to RM 444.63, showing that most units are priced quite close to each other. With an IQR of RM 61.25 and MAD of RM 35, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.