BANDAR BARU PASIR MAS in Pasir Mas, Kelantan recorded 6 subsale transactions in 2022, with a median price of RM 255K and a median price per square foot (PSF) of RM 179.
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 255K, with most transactions falling within a stable range of RM 200K to RM 310K, and a typical market range of RM 201K to RM 309K.
Most transactions involved 1 - 1 1/2 storey terraced, with moderate diversity in property types available.
The median PSF stands at RM 179, with core pricing between RM 147 and RM 211. Market pricing typically extends from RM 155.00 to RM 203.00, reflecting moderate variation in unit pricing. The spread of RM 48.00 (IQR) and deviation of RM 32 (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.
