PELANGI MALL in Kota Bahru, Kelantan recorded 3 subsale transactions in 2023, with a median price of RM280K and a median price per square foot (PSF) of RM276.

This area contains both residential and commercial properties. View 14 residential properties or 4 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM280K, with most transactions falling within a stable range of RM155K to RM315K, and a typical market range of RM252K to RM308K.

Most transactions involved condominium/apartment, though some variety exists in the market.

The median PSF stands at RM276, with core pricing between RM243 and RM309. Market pricing typically extends from RM237.20 to RM314.96, reflecting moderate variation in unit pricing. With an IQR of RM77.75 and MAD of RM33, 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.