TAMAN WANGSA MEWANGI
Commercial Market
Median Price
RM 545,000
PSF Trends (2021-2025)
TAMAN WANGSA MEWANGI in Gua Musang, Kelantan recorded 2 subsale transactions in 2022, with a median price of RM 545K and a median price per square foot (PSF) of RM 340.
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 545K, with most transactions falling within a stable range of RM 490K to RM 600K, and a typical market range of RM 493K to RM 598K.
Most transactions involved 2 - 2 1/2 storey shop, with minimal variety in property types.
The median PSF stands at RM 340, with core pricing between RM 306 and RM 374. Market pricing typically extends from RM 307.50 to RM 372.50, reflecting moderate variation in unit pricing. With an IQR of RM 65.00 and MAD of RM 34, 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.
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Transactions
2 properties found
Type
|
Road
|
Price
|
PSF
|
Area
|
Date
|
---|---|---|---|---|---|
Double Storey Shop |
JALAN PERSIARAN RAYA
|
RM 490,000
|
RM 306.00
|
1,604 sqft
|
Aug 2022
|
Double Storey Shop |
JALAN PERSIARAN RAYA
|
RM 600,000
|
RM 374.00
|
1,604 sqft
|
Jan 2022
|