| Road | Price | PSF | Size | Date | Type |
|---|
|
Taman Bunga Tropika
|
RM 100,000
|
RM 100
|
1,001 sqft
|
|
|
Off Jalan Gua Musang Kuala Lipis
|
RM 150,000
|
RM 111
|
1,356 sqft
|
|
|
Jalan Gua Musang-Lojing
|
RM 390,000
|
RM 122
|
3,200 sqft
|
|
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Market Snapshot
ResidentialRM 150,000
RM 111 psfMedian transaction price
Taman Bunga Tropika, Gua Musang, Kelantan
Taman Bunga Tropika in Gua Musang, Kelantan recorded 3 subsale transactions in 2023, with a median price of RM 150K and a median price per square foot (PSF) of RM 111.
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 100K to RM 277K, and a typical market range of RM 130K to RM 170K.
Most transactions involved 1 - 1 1/2 storey terraced, with moderate diversity in property types available.
For price per square foot, the median is RM 111, with most transactions between RM 102 and RM 120. The usual range is RM 97.48 to RM 123.73, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 26.25 and an average deviation (MAD) of RM 9 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.