PAKR KOK LANAS

PAKR KOK LANAS in Kota Bahru, Kelantan recorded 3 subsale transactions in 2024, with a median price of RM 150K and a median price per square foot (PSF) of RM 136.

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 150K, with most transactions falling within a stable range of RM 88K to RM 160K, and a typical market range of RM 133K to RM 160K.

Most transactions involved low-cost house, though some variety exists in the market.

Price per square foot shows a median of RM 136, though individual units vary from RM 79 to RM 193 in the core range. The broader market spans RM 120.38 to RM 151.63, indicating diverse property characteristics. A wider spread (IQR: RM 31.25) and deviation (MAD: RM 57) 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.