Area Intelligence

BANDAR PASIR MAS

2 properties
2023
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Median Price
RM 735,000
PSF: RM 523

Residential Market

Median Price

RM 260,000

IQR: RM 27
MAD: RM 26
RM 128 PSF 3.8%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 735,000

IQR: RM 180
MAD: RM 119
RM 523 PSF 36.4%

PSF Trends (2021-2025)

BANDAR PASIR MAS in Pasir Mas, Kelantan recorded 2 subsale transactions in 2023, with a median price of RM 735K and a median price per square foot (PSF) of RM 523.

This area contains both residential and commercial properties. View 5 residential properties or 3 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 735K, with most transactions falling within a stable range of RM 700K to RM 770K, and a typical market range of RM 700K to RM 770K.

Most transactions involved 3 - 3 1/2 storey shop, with high diversity across multiple property types.

The median PSF stands at RM 523, with core pricing between RM 463 and RM 582. Market pricing typically extends from RM 336.88 to RM 708.13, reflecting moderate variation in unit pricing. With an IQR of RM 371.25 and MAD of RM 60, the PSF demonstrates reasonable consistency across the market.

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.

Area Location

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BANDAR PASIR MAS, Pasir Mas, Kelantan

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Transactions

2 properties found

Double Storey Shop
JALAN MASJID
RM 700,000
PSF: RM 463.00
Area: 1,512 sqft
Date: Jun 2023
3-Storey Storey Shop
JLN P.MAS-KOTA BHARU
RM 770,000
PSF: RM 582.00
Area: 1,324 sqft
Date: May 2023