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Market Snapshot
ResidentialRM 497,500
RM 165 psfMedian transaction price
Pekan Wakaf Bharu, Tumpat, Kelantan
Pekan Wakaf Bharu in Tumpat, Kelantan recorded 0 subsale transactions in 2021, with a median price of RM 440K and a median price per square foot (PSF) of RM 161.
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 440K, with most transactions falling within a stable range of RM 380K to RM 500K, and a typical market range of RM 393K to RM 488K.
Most transactions involved detached, with high diversity across multiple property types.
The median PSF stands at RM 161, with core pricing between RM 130 and RM 192. Market pricing typically extends from RM 129.75 to RM 192.25, reflecting moderate variation in unit pricing. The spread of RM 62.50 (IQR) and deviation of RM 31 (MAD) suggest moderate price variations reflecting different property features.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.