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 445K to RM 645K, 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 278 and RM 402. Market pricing typically extends from RM 307.50 to RM 372.50, reflecting moderate variation in unit pricing. The spread of RM 65.00 (IQR) and deviation of RM 62 (MAD) suggest moderate price variations reflecting different property features.
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.