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Taman Maka Utama in Pasir Mas, Kelantan recorded 0 subsale transactions in 2023, with a median price of RM 195K and a median price per square foot (PSF) of RM 146.
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 195K, with most transactions falling within a stable range of RM 158K to RM 232K, and a typical market range of RM 140K to RM 250K.
Most transactions involved 1 - 1 1/2 storey terraced, with moderate diversity in property types available.
The median PSF stands at RM 146, with core pricing between RM 121 and RM 171. Market pricing typically extends from RM 131.50 to RM 160.50, reflecting moderate variation in unit pricing. The spread of RM 29.00 (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. Limited transaction history suggests carefully evaluating comparable sales data.