BANDAR PINGGIRAN KUALA KRAI

BANDAR PINGGIRAN KUALA KRAI in Kuala Krai, Kelantan recorded 4 subsale transactions in 2023, with a median price of RM 563K and a median price per square foot (PSF) of RM 403.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 563K, with most transactions falling within a stable range of RM 387K to RM 739K, and a typical market range of RM 407K to RM 719K.

Most transactions involved 1 - 1 1/2 storey shop, though some variety exists in the market.

For price per square foot, the median is RM 403, with most transactions between RM 377 and RM 428. The usual range is RM 386.63 to RM 418.38, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 31.75 and an average deviation (MAD) of RM 26 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.