BANDAR BARU GUA MUSANG

Area Intelligence
2023
Median Price
RM 329,000
PSF: RM 235

Residential PSF Trends

Median Price

RM 339,000

PSF: RM 242

Commercial PSF Trends

Median Price

RM 105,000

RM 131 PSF

BANDAR BARU GUA MUSANG in Gua Musang, Kelantan recorded 4 subsale transactions in 2023, with a median price of RM 329K and a median price per square foot (PSF) of RM 235.

This area contains both residential and commercial properties. View 12 residential properties or 4 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 329K, with most transactions falling within a stable range of RM 305K to RM 354K, and a typical market range of RM 301K to RM 358K.

Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.

For price per square foot, the median is RM 235, with most transactions between RM 216 and RM 255. The usual range is RM 203.63 to RM 266.38, showing that most units are priced quite close to each other. With an IQR of RM 62.75 and MAD of RM 20, the PSF demonstrates reasonable consistency across the market.

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.

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BANDAR BARU GUA MUSANG, Gua Musang, Kelantan

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