DESA WADI IMAN PMBK

DESA WADI IMAN PMBK in Kota Bahru, Kelantan recorded 7 subsale transactions in 2023, with a median price of RM 220K and a median price per square foot (PSF) of RM 184.

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 RM 220K, with most transactions falling within a stable range of RM 157K to RM 283K, and a typical market range of RM 197K to RM 243K.

Most transactions involved 1 - 1 1/2 storey terraced, with moderate diversity in property types available.

The median PSF stands at RM 184, with core pricing between RM 152 and RM 216. Market pricing typically extends from RM 160.50 to RM 207.50, reflecting moderate variation in unit pricing. The spread of RM 47.00 (IQR) and deviation of RM 32 (MAD) suggest moderate price variations reflecting different property features.

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.