BANDAR TASEK RAJA (PUSAT KOMERSIAL BARU) in Pasir Mas, Kelantan recorded 2 subsale transactions in 2022, with a median price of RM 1.06 million and a median price per square foot (PSF) of RM 677.
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 1.06 million, with most transactions falling within a stable range of RM 984K to RM 1.14 million, and a typical market range of RM 918K to RM 1.21 million.
Most transactions involved 2 - 2 1/2 storey shop, with moderate diversity in property types available.
For price per square foot, the median is RM 677, with most transactions between RM 626 and RM 728. The usual range is RM 572.75 to RM 781.25, showing that most units are priced quite close to each other. With an IQR of RM 208.50 and MAD of RM 51, the PSF demonstrates reasonable consistency across the market.
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.