Area Intelligence

BANDAR PASIR MAS

4 properties
2024
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Median Price
RM 345,500
PSF: RM 115

Residential Market

Median Price

RM 345,500

IQR: RM 27
MAD: RM 26
RM 115 PSF 3.8%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 770,000

IQR: RM 180
MAD: RM 119
RM 582 PSF 36.4%

PSF Trends (2021-2025)

BANDAR PASIR MAS in Pasir Mas, Kelantan recorded 4 subsale transactions in 2024, with a median price of RM 346K and a median price per square foot (PSF) of RM 115.

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 346K, with most transactions falling within a stable range of RM 224K to RM 440K, and a typical market range of RM 150K to RM 440K.

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

Price per square foot shows a median of RM 115, though individual units vary from RM 75 to RM 155 in the core range. The broader market spans RM 0.00 to RM 300.63, indicating diverse property characteristics. A wider spread (IQR: RM 371.25) and deviation (MAD: RM 40) indicate significant PSF variations, likely due to diverse property types or conditions.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. 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

4 properties found

Detached
BDR PASIR MAS;SEK;2
RM 431,000
PSF: RM 72.00
Area: 6,017 sqft
Date: Sep 2024
Double Storey Terraced
OFF JALAN KUBANG TERAP/JLN PAS
RM 440,000
PSF: RM 182.00
Area: 2,422 sqft
Date: Aug 2024
Low-Cost House
JALAN JKR PASIR MAS
RM 260,000
PSF: RM 128.00
Area: 2,027 sqft
Date: Feb 2024
Single Storey Terraced
JALAN TANAH MERAH-PASIR MAS
RM 150,000
PSF: RM 102.00
Area: 1,473 sqft
Date: Jan 2024