BANDAR TASEK RAJA (PUSAT KOMERSIAL BARU) in Pasir Mas, Kelantan recorded 1 subsale transactions in 2024, with a median price of RM 580K and a median price per square foot (PSF) of RM 192.
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 580K, with most transactions falling within a stable range of RM 501K to RM 659K, and a typical market range of RM 435K to RM 725K.
Most transactions involved 2 - 2 1/2 storey shop, with moderate diversity in property types available.
Price per square foot shows a median of RM 192, though individual units vary from RM 141 to RM 243 in the core range. The broader market spans RM 88.19 to RM 296.69, indicating diverse property characteristics. A wider spread (IQR: RM 208.50) and deviation (MAD: RM 51) 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.
