Area Intelligence

BANDAR BARU PASIR MAS

5 properties
2023
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Median Price
RM 350,000
PSF: RM 208

Residential Market

Median Price

RM 267,500

IQR: RM 27
MAD: RM 8
RM 120 PSF 9.1%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 370,000

IQR: RM 17
MAD: RM 10
RM 218 PSF 10.8%

PSF Trends (2021-2025)

BANDAR BARU PASIR MAS in Pasir Mas, Kelantan recorded 5 subsale transactions in 2023, with a median price of RM 350K and a median price per square foot (PSF) of RM 208.

This area contains both residential and commercial properties. View 8 residential properties or 6 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 350K, with most transactions falling within a stable range of RM 298K to RM 380K, and a typical market range of RM 296K to RM 380K.

Most transactions involved 1 - 1 1/2 storey terraced, with moderate diversity in property types available.

Price per square foot shows a median of RM 208, though individual units vary from RM 147 to RM 269 in the core range. The broader market spans RM 184.00 to RM 232.00, indicating diverse property characteristics. A wider spread (IQR: RM 48.00) and deviation (MAD: RM 61) indicate significant PSF variations, likely due to diverse property types or conditions.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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BANDAR BARU PASIR MAS, Pasir Mas, Kelantan

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Transactions

5 properties found

Single Storey Terraced
OFF L/RAYA PASIR MAS - RANTAU PANJAN
RM 295,000
PSF: RM 67.00
Area: 4,381 sqft
Date: Sep 2023
Double Storey Shop
LBUHRAYA PSR MAS-RANTAU PJG
RM 380,000
PSF: RM 237.00
Area: 1,604 sqft
Date: Sep 2023
Single Storey Terraced
OFF L/RAYA PASIR MAS - RANTAU PANJAN
RM 240,000
PSF: RM 172.00
Area: 1,399 sqft
Date: Jul 2023
Double Storey Shop
LBUHRAYA PSR MAS-RANTAU PJG
RM 350,000
PSF: RM 218.00
Area: 1,604 sqft
Date: Feb 2023
Double Storey Shop
LBUHRAYA PSR MAS-RANTAU PJG
RM 370,000
PSF: RM 208.00
Area: 1,776 sqft
Date: Feb 2023