Selling in Kampung Chekeli? Homes here sold for a median of RM180,000.
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Market Snapshot
ResidentialRM180,000
RM48 psfMedian transaction price
Kampung Chekeli in Kota Bahru, Kelantan recorded 1 subsale transactions between 2021 and 2026, sized between 3,725 and 3,774 sqft, with a median price of RM180K and a median price per square foot (PSF) of RM48.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat.
Most transactions involved detached, though some variety exists in the market.
For price per square foot, the median is RM48, with most transactions between RM48 and RM48. The usual range is RM37.05 to RM59.05, showing that most units are priced quite close to each other. A typical spread (IQR) of RM22.00 and an average deviation (MAD) of RM0 indicate a highly stable PSF trend across properties.
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.