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Market Snapshot
ResidentialRM450,000
RM83 psfMedian transaction price
KAMPUNG SEMUT API, Badang, 15350, Kota Bahru, Kelantan, Malaysia
Kampung Semut Api in Kota Bahru, Kelantan recorded 0 subsale transactions in 2023, with a median price of RM450K and a median price per square foot (PSF) of RM87.
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 RM450K, with most transactions falling within a stable range of RM430K to RM470K, and a typical market range of RM423K to RM478K.
Most transactions involved detached, though some variety exists in the market.
The median PSF stands at RM87, with core pricing between RM78 and RM96. Market pricing typically extends from RM76.75 to RM97.25, reflecting moderate variation in unit pricing. With an IQR of RM20.50 and MAD of RM9, the PSF demonstrates reasonable consistency across the market.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.