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Selling in Kampung Chekeli? Homes here sold for a median of RM382,500.
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Market Snapshot
ResidentialRM420,000
RM67 psfMedian transaction price
Kampung Chekeli in Kota Bahru, Kelantan recorded 0 subsale transactions in 2021, with a median price of RM383K and a median price per square foot (PSF) of RM70.
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 RM383K, with most transactions falling within a stable range of RM318K to RM448K, and a typical market range of RM320K to RM445K.
Most transactions involved detached, though some variety exists in the market.
For price per square foot, the median is RM70, with most transactions between RM66 and RM75. The usual range is RM59.00 to RM81.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM22.00 and an average deviation (MAD) of RM5 indicate a highly stable PSF trend across properties.
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.