SEKSYEN 11, BDR KOTA BHARU

SEKSYEN 11, BDR KOTA BHARU in Kota Bahru, Kelantan recorded 5 subsale transactions in 2023, with a median price of RM 550K and a median price per square foot (PSF) of RM 344.

This area contains both residential and commercial properties. View 2 residential properties or 8 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 550K, with most transactions falling within a stable range of RM 351K to RM 650K, and a typical market range of RM 416K to RM 650K.

Most transactions involved 2 - 2 1/2 storey shop, with high diversity across multiple property types.

Price per square foot shows a median of RM 344, though individual units vary from RM 259 to RM 429 in the core range. The broader market spans RM 233.50 to RM 454.50, indicating diverse property characteristics. The spread of RM 221.00 (IQR) and deviation of RM 85 (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.