Area Intelligence

BANDAR TASEK RAJA (PUSAT KOMERSIAL BARU)

3 properties
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Median Price
RM 650,000
PSF: RM 395

Commercial Market

Median Price

RM 650,000

IQR: RM 291
MAD: RM 18
RM 395 PSF 25.4%

PSF Trends (2021-2025)

BANDAR TASEK RAJA (PUSAT KOMERSIAL BARU) in Pasir Mas, Kelantan recorded 3 subsale transactions between 2021 and 2025, with a median price of RM 650K and a median price per square foot (PSF) of RM 395.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 650K, with most transactions falling within a stable range of RM 580K to RM 720K, and a typical market range of RM 580K to RM 874K.

Most transactions involved 2 - 2 1/2 storey shop, though some variety exists in the market.

For price per square foot, the median is RM 395, with most transactions between RM 377 and RM 413. The usual range is RM 249.50 to RM 540.50, showing that most units are priced quite close to each other. With an IQR of RM 291.00 and MAD of RM 18, 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. 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 TASEK RAJA (PUSAT KOMERSIAL BARU), Pasir Mas, Kelantan

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Transactions

3 properties found

Double Storey Shop
LEBUHRAYA R.PANJANG - P.MAS
RM 580,000
PSF: RM 377.00
Area: 1,539 sqft
Date: May 2024
3-Storey Storey Shop
L.BUHRAYA P.MAS - RANTAU PANJANG
RM 1,476,000
PSF: RM 959.00
Area: 1,539 sqft
Date: Sep 2022
Double Storey Shop
LEBUHRAYA P.MAS - RANTAU PANJANG
RM 650,000
PSF: RM 395.00
Area: 1,647 sqft
Date: Aug 2022