Kampung Binjai (Mk. Pendek)

Kelantan, Kota Bahru, Binjai

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Selling in Kampung Binjai (Mk. Pendek)? Homes here sold for a median of RM350,000.

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Market Snapshot

Residential

RM350,000

RM97 psf

Median transaction price

Kampung Binjai (Mk. Pendek) in Kota Bahru, Kelantan recorded 0 subsale transactions in 2021, with a median price of RM350K and a median price per square foot (PSF) of RM97.

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 RM350K, with most transactions falling within a stable range of RM225K to RM475K, and a typical market range of RM225K to RM475K.

Most transactions involved detached, with high diversity across multiple property types.

Price per square foot shows a median of RM97, though individual units vary from RM69 to RM126 in the core range. The broader market spans RM75.25 to RM118.75, indicating diverse property characteristics. A wider spread (IQR: RM43.50) and deviation (MAD: RM29) indicate significant PSF variations, likely due to diverse property types or conditions.

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.