Area Intelligence

PELANGI MALL KOTA BHARU

8 properties
2022
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Median Price
RM 243,500
PSF: RM 203

Residential Market

Median Price

RM 250,000

IQR: RM 67
MAD: RM 30
RM 186 PSF 1.1%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 35,000

RM 325 PSF 0.0%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

PELANGI MALL KOTA BHARU in Kota Bahru, Kelantan recorded 8 subsale transactions in 2022, with a median price of RM 244K and a median price per square foot (PSF) of RM 203.

This area contains both residential and commercial properties. View 12 residential properties or 2 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 244K, with most transactions falling within a stable range of RM 168K to RM 286K, and a typical market range of RM 221K to RM 266K.

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

Price per square foot shows a median of RM 203, though individual units vary from RM 144 to RM 261 in the core range. The broader market spans RM 165.50 to RM 239.50, indicating diverse property characteristics. A wider spread (IQR: RM 74.00) and deviation (MAD: RM 59) indicate significant PSF variations, likely due to diverse property types or conditions.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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PELANGI MALL KOTA BHARU, Kota Bahru, Kelantan

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Transactions

8 properties grouped by size

100 sqft
1 units Shop/Retail Lot
RM 35,000
108 sqft · RM 325.00 PSF
Aug 2022
1,150 sqft
3 units Condo/Apartment
RM 250,000
1,141 sqft · RM 219.00 PSF
Aug 2022
RM 280,000
1,141 sqft · RM 245.00 PSF
May 2022
RM 270,000
1,141 sqft · RM 237.00 PSF
May 2022
1,550 sqft
3 units Condo/Apartment
RM 237,000
1,539 sqft · RM 154.00 PSF
Sep 2022
RM 232,000
1,539 sqft · RM 151.00 PSF
May 2022
RM 286,000
1,539 sqft · RM 186.00 PSF
Mar 2022
1,650 sqft
1 units Condo/Apartment
RM 222,000
1,636 sqft · RM 136.00 PSF
Jan 2022