BANDAR UTAMA GUA MUSANG in Gua Musang, Kelantan recorded 34 subsale transactions in 2023, with a median price of RM 241K and a median price per square foot (PSF) of RM 164.
This area contains both residential and commercial properties. View 94 residential properties or 13 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 241K, with most transactions falling within a stable range of RM 221K to RM 261K, and a typical market range of RM 174K to RM 308K.
Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.
The median PSF stands at RM 164, with core pricing between RM 139 and RM 189. Market pricing typically extends from RM 140.50 to RM 187.50, reflecting moderate variation in unit pricing. The spread of RM 47.00 (IQR) and deviation of RM 25 (MAD) suggest moderate price variations reflecting different property features.
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. Moderate transaction volume may require patience when buying or selling.